Oman to become first Gulf country to impose income tax

Oman to become first Gulf country to impose income tax

In a bid to diversity revenue sources and reduce public debt, Oman has decided to impose personal income tax. This would make Oman the first Gulf country to impose income tax.

Omani men pass in front of Canadian cafe and bake shop Tim Hortons in City Center Mall in Muscat, Oman, February 11, 2019. Picture taken February 11, 2019. (Reuters/Hamad I Mohammed)