Oman Becomes 1st in GCC to Launch Income Tax in Bid to Cut Oil Dependence
25/06/2025 06:09 GMT

Oman will impose income tax starting 2028, becoming the first GCC state to do so. The new 5% tax applies only to annual incomes of 42,000 rials (~US$109,000) and above, affecting roughly the top 1%... More


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