All Articles with the tag #Taxation

A Gulf First: Oman Embraces Income Tax

For decades, the idea of personal income tax in the Gulf felt distant — a concept reserved for foreign travel or dual citizenship obligations. Now, with Oman set to introduce the region’s first such tax in 2028, the conversation is no longer hypothetical. What seemed taboo is becoming a new regional reality, with broader implications for how Gulf citizens view spending, subsidies, and their role in sustaining national budgets.