Join 250,000+
professionals today
Add Insights to your inbox - get the latest
professional news for free.
Oman to Be First Gulf Nation to Introduce Personal Income Tax
Join our 250K+ subscribers
Join our 250K+ subscribers
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...
Until next time…
Don’t forget to share this story on LinkedIn, X and Facebook
Subscribe now for $199 and get unlimited access to MYCPE ONE, from CPE credits to insights Magazine
📢MYCPE ONE Insights has a newsletter on LinkedIn as well! If you want the sharpest analysis of all accounting and finance news without the jargon, Insights is the place to be! Click Here to Join
Scale Your Accounting Firm the Smart Way with MYCPE ONE!
Your Trusted Offshore Partner for CPAs and Accounting Firms.
Struggling to scale? Let MYCPE ONE’s offshore accounting team help you grow faster and more efficiently.
With 500,000+ vetted professionals across 40 offices in 2 countries, we provide you access to top talent and advanced technology, all while handling the hiring process for you.
Trusted by 3,000+ firms, including 45+ BDO Alliance Firms and 40+ of the Top 200 Accounting Firms!
Start building your offshore dream team today with MYCPE ONE!
Scale smarter. Save bigger. Stay ahead.
You’ve reached the 3 free-content piece limit. Unlock unlimited access to all News & CPE resources.
Subscribe Today.
Already have an account?
Sign In
-1-(1)-1784292965.webp)
