IMF urges Gulf states to broaden tax base
Edited By WION Video Desk
Published: Jun 26, 2025, 15:23 IST | Updated: Jun 26, 2025, 15:23 IST
Oman is set to become the first Gulf nation to levy a personal income tax. Under a royal decree, the new 5% tax will apply from 2028 to those earning more than $109,000 annually—roughly the top 1% of income earners in the country.
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