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Libya vs Oman: tax rates compared

Libya has an income tax rate of 10%, 10pp above Oman's 0%. The 200-country average is 28%: both sit below it.

Verified data covers five of the six tracked tax types for both countries; every rate below is cited to its source and dated.

At a glance

0102030405060Income0%10%Corporate15%20%VAT0%5%Capital Gains0%Wealth Tax0%
five shared taxes, side by side
Tax LY OMDifference
Income Tax10%0%LY +10 pplargest gap
Corporate Tax20%15%LY +5 pp
VAT0%5%OM +5 pp
Capital Gains Tax0%0%match
Wealth Tax0%0%match

Income Tax

Income Tax, side by side
CountryRateSource
Libya10%Source: PWC Worldwide Tax Summaries — Libya (Individual, Taxes on personal income) · as of 2026-05-31
Oman0%Source: PWC Worldwide Tax Summaries — Oman (Individual, Significant developments) · as of 2026-07-07
Difference+10 ppLibya higher

Corporate Tax

Corporate Tax, side by side
CountryRateSource
Libya20%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Oman15%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Difference+5 ppLibya higher

Libya has a corporate tax rate of 20%, 5pp above Oman's 15%. The 201-country average is 22.6%: both sit below it.

VAT

VAT, side by side
CountryRateSource
Libya0%Source: PWC Worldwide Tax Summaries — Libya (Corporate, Other taxes) · as of 2026-05-31
Oman5%Source: PWC Worldwide Tax Summaries — Oman (Corporate, Other taxes) · as of 2026-07-07
Difference−5 ppOman higher

Oman has a VAT rate of 5%, 5pp above Libya's 0%. The 181-country average is 15%: both sit below it.

Capital Gains Tax

Capital Gains Tax, side by side
CountryRateSource
Libya0%Source: PWC Worldwide Tax Summaries — Libya (Individual, Taxes on personal income) · as of 2026-05-31
Oman0%Source: PWC Worldwide Tax Summaries — Oman (Individual, Significant developments) · as of 2026-07-07
Difference0 ppdisplayed rates match

Libya and Oman share the same capital gains tax rate: 0%. The 175-country average is 10.3%: both sit below it.

Wealth Tax

Wealth Tax, side by side
CountryRateSource
Libya0%Source: PWC Worldwide Tax Summaries — Net wealth/worth tax rates (quick chart) · as of 2026-05-31
Oman0%Source: PWC Worldwide Tax Summaries — Oman (Individual, Other taxes) · as of 2026-07-07
Difference0 ppdisplayed rates match

Libya and Oman share the same wealth tax rate: 0%. The 193-country average is 0.1%: both sit below it.

Not covered for both countries yet: Crypto Tax.