Oman introduces 5% income tax for top earners to diversify revenue sources and reduce reliance on oil.

RIYADH: Oman will become the first country in the Gulf to impose a personal income tax, as the oil producer works to diversify its revenue stream. The sultanate will impose a…

Subsidies for locals and tax-free salaries have left region fiscally vulnerable

Oman introduces 5% income tax for top earners to diversify revenue sources and reduce reliance on oil.

CHRONIQUE. En instaurant, à partir de 2028, un impôt de 5 % sur les revenus des Omanais les plus riches, le sultanat est le premier pays du Golfe à introduire une telle fiscalité.…