Extremely Wealthy
Regulation, Risk & Compliance
Tax
Uncategorized
Oman to introduce income-tax on wealthy individuals
None of the seven Gulf Cooperation Council states, all oil producers, currently collect income tax from individuals. Oman's Sultan Haitham, who took power in January, last month approved the medium-term fiscal plan to make government finances sustainable as the coronavirus crisis and low oil prices strain state coffers. "An income…
Continue Reading
Subscribe to unlock the full article and access premium financial content.
Click here to read the full story: International Investment