Oman taxing the richest: 'It will be interesting to see if Muscat starts a trend'
- Posted on June 24, 2025
- By Le Monde
- 3 Views
Oman taxing the richest: 'It will be interesting to see if Muscat starts a trend'
COLUMN. By introducing a 5% income tax on the wealthiest Omanis starting in 2028, the sultanate becomes the first Gulf country to implement such a measure. It is a way to anticipate a decline in oil revenues as global crude prices continue to trend downward, writes Le Monde columnist Isabelle Chaperon.
