Oman Plans to Impose Personal Income Tax, a First Among Gulf States

Oman plans to impose personal income tax, a first among Gulf states

Oman has announced plans to issue a personal income tax as part of a broader push to move the sultanate’s economy away from reliance on hydrocarbons

Who will it affect? Oman to become first in GCC to introduce personal income tax by 2028, what to know

Oman will introduce a personal income tax to diversify government revenue and reduce reliance on oil. This historic move, the first in the GCC, targets high earners and aligns with Oman Vision 2040. The tax aims to strengthen fiscal stability and support sustainable economic growth amid shifting global energy markets.