Oman to impose personal income tax on its high earners by 2028

Oman’s Sultan Haitham bin Tarik has approved a personal income tax law to be implemented on individuals earning more than $110,000 annually.

The measure, which will be imposed starting in 2028, positions Oman as the first Gulf state to levy personal income tax, part of broader efforts to diversify revenue away from oil.

An earlier draft proposing separate thresholds for Omanis and expatriates was rejected by the Sultan.

With 2.7 million workers – 1.8 million expatriates – the reform is projected to raise over $285 million annually.