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Oman will impose a 5 per cent tax on taxable income for individuals whose gross annual income exceeds OMR42,000 from specific income types ...
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 will introduce a 5% personal income tax on high-income earners, marking a first in fiscal policy not just the in ...
The Sultanate of Oman will institute a personal income tax beginning in 2028. It’s part of a government effort to diversify the country’s economy and reduce its reliance on fossil fuel revenues. The ...
New Delhi [India], June 23 (ANI): It is for the first time that Oman has announced the introduction of personal income tax on high-income individuals effective January 2028. According to a report ...
The concept of a personal income tax in Oman has been under consideration for several years. The initial draft bill was first introduced in 2022, proposing a tax framework aimed at high earners.
Oman will impose five per cent income tax on people whose income exceeds 42,000 Omani riyals (approximately Dh400,000) from 2028. Under the Personal Income Tax Law issued by Royal Decree No. 56/ ...
Oman plans to levy a personal income tax as part of a broader push to move the sultanate’s economy away from reliance on hydrocarbons. By GABE LEVIN - Associated Press; Jun 23, 2025 ...