News

Oman has been weighing the personal income tax for several years, and its introduction follows other fiscal reforms ...
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 has become the first Gulf Arab state to introduce income tax – sparking fears Dubai residents could face a similar levy ...
Oman will impose a 5 per cent tax on taxable income for individuals whose gross annual income exceeds OMR42,000 from specific ...
While Oman is the first GCC nation to enact a personal income tax, other Gulf countries have already made strides in indirect ...
DubaiOman will become the first Gulf Cooperation Council nation to impose a personal income tax, mandating a 5 per ce ...
This can take form as governments across the region seeking to diversify their tax bases away from oil dependency, explained ...
Gulf has become the first Gulf nation to break the Gulfs no-tax tradition with its 2028 income levy plan. The development is ...
Oman is making history in the Gulf region by becoming the first country to introduce a personal income tax, starting in 2028.
He noted that the tax study assessed effects on GDP and 18 economic sectors, concluding minimal impact (under 1%) due to high ...
Jerome Powell, Chairman of the United States (US) Federal Reserve (Fed), will deliver the Semi-Annual Monetary Policy Report and testify before the US House Financial Services Committee on Tuesday.