Oman

Main exemptions and deductions (subject to certain conditions), include the following:

• One-time special exemption: Income of the tax resident earned from outside Oman for a period of 18 months starting from the day following the end of one’s capacity as a non-tax resident.
• Education expenses for self and family.
• Health care expenses for self and family.
• Donations to certain entities, not exceeding 5% of the gross income.
• Certain other types of compensation.
• Salaries received by members of diplomatic missions and allowances paid to Omani residents working in diplomatic missions.
• Salaries of an Omani tax resident earned outside Oman.
• Contributions made by a person in post-employment pension and benefit schemes, whether obligatory or optional, with a maximum of two schemes.
• Proceeds of disposal of the primary residence, provided the disposal takes place after at least two years from the date of notifying the authority of the election. 
• Proceeds of disposal of the secondary residence, once in a lifetime.
• Income from shares listed on the Muscat Stock Exchange, investment bonds issued by the government, and the proceeds from their disposal. 
• Income from interest on bills and bonds issued by the government and proceeds of their disposal. 
• Inheritance, grants, and donations between spouses and first-degree relatives.
• Interest on bank loans obtained for the purpose of building or purchasing the primary residence and the financing costs in Islamic transactions for the same purpose, provided once in a lifetime.
• Income from intellectual property rights related to patents, designs, drawings, models, trademarks, methods, and secret formulations, for a period of five years from the date of registration. 
• For self-employment, either 15% of the gross income or the actual expenses will be allowed as a deduction.

 Further details are awaited through the Executive Regulations.