Muscat: Underreporting income, overreporting expenses through false deductions, and misrepresenting assets for high Omani earners can lead to jail...

Muscat: Underreporting income, overreporting expenses through false deductions, and misrepresenting assets for high Omani earners can lead to jail...

First in the GCC, Oman’s bold tax move targets top earners in a bid to future-proof its economy.

First in the GCC, Oman’s bold tax move targets top earners in a bid to future-proof its economy.

To prepare for the rollout, Oman is developing a modern electronic tax system that will link government databases to ensure accurate income reporting...

To prepare for the rollout, Oman is developing a modern electronic tax system that will link government databases to ensure accurate income reporting...

Oman is on the cusp of a significant shift in its tax landscape with the introduction of a personal income tax (PIT). This move, a first for the Gulf...

A plan by Oman is being closely watched by other governments in the region that are preparing for a future beyond oil.

A plan by Oman is being closely watched by other governments in the region that are preparing for a future beyond oil.

Dubai: As Oman prepares to implement the Gulf’s first personal income tax in January 2028, authorities have outlined strict enforcement measures,...