The 5 per cent tax will kick in from January 2028 and only applies to annual income of 42,000 rials ($109,000). The move will bring into the tax ambit only the top 1 per cent earners, the state-run ...
Oman Set to Introduce Personal Income Tax by 2028
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 Set to Introduce Personal Income Tax by 2028
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 plans to impose personal income tax, a first among Gulf states
Oman has announced plans to issue a personal income tax as part of a broader push to move the sultanate's economy away from reliance on hydrocarbons.
Oman plans to impose personal income tax, a first among Gulf states
Oman has announced plans to issue a personal income tax as part of a broader push to move the sultanate's economy away from reliance on hydrocarbons.
Oman Introduces Personal Income Tax: A Shift Towards Economic Diversification
Oman announced its plan to introduce personal income tax on top earners by 2028, diversifying its hydrocarbon-dependent economy. The tax targets those making over USD 109,000 annually and is part of ...
Oman Introduces Personal Income Tax: A Shift Towards Economic Diversification
Oman announced its plan to introduce personal income tax on top earners by 2028, diversifying its hydrocarbon-dependent economy. The tax targets those making over USD 109,000 annually and is part of ...
Oman set to roll out personal income tax – who will be affected?
By diversifying its revenue base, Oman aims to safeguard itself from the unpredictable shocks of the energy market.
Oman set to roll out personal income tax – who will be affected?
By diversifying its revenue base, Oman aims to safeguard itself from the unpredictable shocks of the energy market.
Oman: OIA posts $4bln profit, ramps up local investment
OIA continues to spread investment risks by diversifying geographically and across sectors. Its three portfolios – the National Development Fund (NDF), Future Generations Fund and Future Fund Oman – ...