First in Gulf: Oman to introduce 5% income tax in 2028—Why 99% of people won’t be affected
In a major move, Oman has announced it will start collecting personal income tax from January 1, 2028. This will be the first time any Gulf country introduces such a tax. The 5 per cent tax will only apply to people earning more than OMR 42,000 (about $109,000) per year, which is roughly the top…