Money & BusinessOman

Oman to introduce income-tax on top earners

Oman will impose tax on individuals earning higher incomes from 2022, Ministry of Finance said in the mid-term fiscal plan 2020-2024 report.

The government is aiming to increase its revenues to OMR 12.1 billion with a total spending of OMR 12.6 billion by the end of 2024.

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