Oman: Draft legislation imposing individual income tax
Rates between 5% and 9%
Rates between 5% and 9%
The Shura Council on June 27, 2024, advanced the draft individual (personal) income tax bill to the State Council, which proposes imposition of individual income tax at rates between 5% and 9% on Oman-sourced income above US$100,000 for foreign nationals and net income above US$1 million for Omani citizens.
The details and timing of implementation are yet to be officially confirmed.
Read a July 2024 report prepared by the KPMG member firm in Oman
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