News

Oman plans to levy a personal income tax as part of a broader push to move the sultanate’s economy away from reliance on ...
Oman issued a royal decree to become the first country in the Gulf to impose a personal income tax, its tax authority said on ...
Oman is set to introduce a personal income tax by 2028 as part of its efforts to diversify its economy away from hydrocarbons ...
Oman is making history in the Gulf region by becoming the first country to introduce a personal income tax, starting in 2028.
Oman had been majorly relying upon oil revenues since decade for its economy. It should be noted that the oil revenues are ...
High earners to face 5% levy as Sultanate advances fiscal reforms under Vision 2040 Muscat/Dubai: Oman has officially enacted its first Personal Income Tax Law, with implementation set for January ...
Sultan Haitham Bin Tariq of Oman has issued a decree on Sunday mandating the introduction of income tax, with the intention of implementing this on an individual income basis from 2028, according to ...
Muscat – Oman will implement a 5% income tax on individuals with ... Karima bint Mubarak al Saadiya, Director of the Individual Income Tax Project at the Tax Authority, said that all preparations for ...
Oman has announced plans to impose income tax, becoming the first Gulf state to do so in an effort to broaden its sources of ...
Amid the ongoing conflict between Israel and Iran, social media buzzed with claims that three ships were on fire in the Gulf of Oman, near the strategic Strait of Hormuz. These claims were ...
The first batch of 2024 income tax refunds worth $27.8 million has been released. The Department of Revenue and Taxation, together with the Department of Administration, announced the release of ...
National income accounting provides insight into an economy's performance. Such a system includes total revenues by domestic corporations, wages paid, and sales and income tax data for companies.