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Oman plans Gulf’s first income tax
semafor.com/article/06/23/2025/oman-plans-gulfs-first-income-tax
Oman will be the first Gulf country to impose a personal income tax.
People earning more than 42,000 Omani rials ($109,000) a year will be levied a 5% tax, starting in 2028. Gulf governments have been raising revenue through fees, value-added tax, and other measures over the past decade…
This story appeared on semafor.com, 2025-06-23 12:29:47.