News

Oman will introduce a 5% personal income tax on high-income earners, marking a first in fiscal policy not just the in ...
Monica Mailk, chief economist at Abu Dhabi Commercial Bank, talks about the economic impact of Oman's income tax. She says it ...
A plan by Oman is being closely watched by other governments in the region that are preparing for a future beyond oil.
Oman plans to levy a personal income tax as part of a broader push to move the sultanate’s economy away from reliance on ...
The Personal Income Tax Law, issued by Royal Decree No. 56/2025, comprises 76 articles across 16 chapters. It imposes a 5 per ...
The Sultanate of Oman is moving forward with plans to implement a personal income tax by the year 2028, marking a significant policy shift in the Gulf region’s fiscal landscape. This initiative is ...
Oman has become the first Gulf Arab state to introduce income tax – sparking fears Dubai residents could face a similar levy ...
In a bid to diversity revenue sources and reduce public debt, Oman has decided to impose personal income tax. This would make ...
Oman’s new income tax law is detailed, with 76 articles across 16 chapters. It clearly explains what kind of income will be ...
In 2024, Oman collected OMR 1.4 billion in revenue from corporate income tax, VAT, and selective taxes. The introduction of personal income tax is expected to complement these existing streams ...
DubaiOman will become the first Gulf Cooperation Council nation to impose a personal income tax, mandating a 5 per ce ...