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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 will introduce a 5% personal income tax on high-income earners, marking a first in fiscal policy not just the in ...
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 ...
Oman has become the first Gulf Arab state to introduce income tax – sparking fears Dubai residents could face a similar levy ...
Oman issued a royal decree to become the first country in the Gulf to impose a personal income tax, its tax authority said on Sunday, as the small oil producer works to diversify its revenue stream.
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 ...
Oman will impose five per cent income tax on people whose annual income exceeds 42,000 Omani riyals (approximately Dh400,000) ...
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 ...
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