News
Oman plans to levy personal income tax as part of a broader push to move the sultanate’s economy away from reliance on ...
Oman has announced plans to impose income tax, becoming the first Gulf state to do so in an effort to broaden its sources of ...
Oman issued a royal decree to become the first country in the Gulf to impose a personal income tax, its tax authority said on ...
Oman announced its plans to become the first Gulf nation to impose an income tax on its citizens. The GCC nation plans to ...
Oman is set to introduce a personal income tax by 2028 as part of its efforts to diversify its economy away from hydrocarbons ...
18h
Oman Moments on MSNOman to Introduce First Personal Income Tax in GulfOman is making history in the Gulf region by becoming the first country to introduce a personal income tax, starting in 2028.
Oman will introduce a personal income tax to diversify government revenue and reduce reliance on oil. This historic move, the first in the GCC, targets high earners and aligns with Oman Vision 2040.
Oman has been weighing the personal income tax for several years, and its introduction follows other fiscal reforms. In 2020, it rolled out a program to cut down public debt and boost economic ...
Oman is set to become the first Arab state in the Gulf to introduce personal income tax, a break with long-standing precedent in a region that has subsidised citizens with oil and gas revenues and ...
The Tax Authority said that the Personal Income Tax Law complements the tax system in line with Oman’s economic and social conditions and aligns with the role assigned to the Tax Authority. It also ...
Oman will roll out personal income tax in 2028, it announced on Sunday, marking a historic policy shift aimed at fiscal diversification and economic sustainability under Vision 2040. Here are some ...
Oman, which remains largely reliant on oil revenue, will impose a 5% tax on taxable income for individuals earning over 42,000 Omani rials ($109,091) per year starting from 2028, according to the ...
Some results have been hidden because they may be inaccessible to you
Show inaccessible results