The Corporate Tax Rate in Oman stands at 15 percent.

Corporate Tax Rate in Oman averaged 12.67 percent from 2003 until 2020, reaching an all time high of 15 percent in 2017 and a record low of 12 percent in 2004. This page provides - Oman Corporate Tax Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Oman Corporate Tax Rate - values, historical data and charts - was last updated on October of 2020.

Corporate Tax Rate in Oman is expected to reach 15.00 percent by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the Oman Corporate Tax Rate is projected to trend around 15.00 percent in 2021, according to our econometric models.

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Oman Corporate Tax Rate

Actual Previous Highest Lowest Dates Unit Frequency
15.00 15.00 15.00 12.00 2003 - 2020 percent Yearly

Oman Taxes Last Previous Highest Lowest Unit
Corporate Tax Rate 15.00 15.00 15.00 12.00 percent [+]
Personal Income Tax Rate 0.00 0.00 0.00 0.00 percent [+]
Sales Tax Rate 0.00 0.00 0.00 0.00 percent [+]


Oman Corporate Tax Rate
In Oman, the Corporate Income tax rate is a tax collected from companies. Its amount is based on the net income companies obtain while exercising their business activity, normally during one business year. The benchmark we use refers to the highest rate for Corporate Income. Revenues from the Corporate Tax Rate are an important source of income for the government of Oman.