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 ...

Last year, Oman collected OMR 1.4 billion from corporate, VAT, and selective taxes. The personal income tax is expected to complement these revenues and bolster fiscal credibility, enhancing Oman ...

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 ...

The Tax Authority said that the Personal Income Tax Law complements the tax system in line with Oman’s economic and social conditions and aligns with the role assigned to the Tax Authority. It also ...

Muscat – Oman will implement a 5% income tax on individuals with annual earnings exceeding RO42,000 starting January 2028, marking a milestone in the sultanate’s fiscal reform agenda and the first ...

Oman has announced plans to impose income tax, becoming the first Gulf state to do so in an effort to broaden its sources of ...

The Department of Revenue and Taxation, together with the Department of Administration, announced the release of the first batch of 2024 income tax refunds, totaling $27,818,380.35.

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.

Typically, you enter your income from tax documents, such as your W-2, 1099 K or 1099-INT. ... Application for Automatic Extension of Time To File U.S. Individual Income Tax Return.