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Oman to Be First Gulf Nation to Introduce Personal Income Tax
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Subscribe24 JUN 2025 / ACCOUNTING & TAXES
Oman has announced plans to introduce a personal income tax in 2028, marking the first time a Gulf Cooperation Council (GCC) country has decided to tax salaries. The move, predominantly aimed at the top 1% of earners (those earning more than $109k annually), is part of Oman’s broader Vision 2040 plan to diversify its economy and reduce dependence on oil revenues.
In a move that might have your tax software blinking in disbelief, Oman just announced it will introduce a personal income tax—yes, an actual income tax—in 2028. That’s right, the land of oil wealth, tax-free expat gigs, and gold-plated shopping malls is...
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