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Oman has become the first Gulf Arab state to introduce income tax – sparking fears Dubai residents could face a similar levy ...
This can take form as governments across the region seeking to diversify their tax bases away from oil dependency, explained ...
Oman is making history in the Gulf region by becoming the first country to introduce a personal income tax, starting in 2028.
Oman is set to introduce a personal income tax by 2028 as part of its efforts to diversify its economy away from hydrocarbons ...
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 Sultanate of Oman is moving forward with plans to implement a personal income tax by the year 2028, marking a significant ...
Oman issued a royal decree to become the first country in the Gulf to impose a personal income tax, its tax authority said on ...
For instance, in the EU — which includes 22 member states in the report — the average income tax rates for these three income levels were 12.1%, 17.2%, and 23.1%, respectively.
Charlie Riedel/AP file Share If you tend to procrastinate at income tax time, beware of the costly consequences of missing the April 15 filing deadline — even if you owe no taxes. “The best ...
If you live in Scotland the way that income tax is calculated is slightly different. Everyone still has a £12,570 personal allowance. Then there are tiers. The starter rate of 19% is applied to ...
The State Council and Majlis A’Shura in Oman have approved a draft law on personal income tax in the country. The tax exemption limit has been raised to OMR50,000 to benefit the middle class ...
Residents are exempt from personal income tax, and the government ... nations There are also notable examples in Oman and Qatar where citizens enjoy tax-free incomes due to strong oil and gas ...