MUSCAT : Speaking to TAS on the impact of income tax, Al Saadi stressed that it will be imposed on all residents in Oman whose annual income exceeds RO 42,000.

She clarified that “residents” include both Omani citizens and expatriate individuals who have resided in Oman for more than 183 days within a tax year. The law will also apply to non-residents who do not meet the 183-day residency requirement but earn income from sources within Oman.

The newly introduced individual income tax law, slated to take effect in January 2028, will primarily target high-income earners, with a comprehensive study by the Oman Tax Authority confirming that an estimated 99 percent of the nation’s population will remain unaffected.

The personal income tax has been designed to bolster social protection initiatives, reduce the Sultanate’s reliance on oil revenue, and align with the ambitious goals of Oman Vision 2040.

For all the latest news from Oman and GCC, follow us on Twitter, Instagram and LinkedIn, like us on Facebook and subscribe to our YouTube page, which is updated daily.