OM · AsiaPS · Asia

Oman vs Palestine: tax rates compared

Between the two, Palestine's income tax rate (15%) tops Oman's (0%) by 15pp. The 200-country average is 28%: both sit below it.

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

At a glance

0102030405060Income0%15%Corporate15%VAT5%16%Wealth Tax0%
four shared taxes, side by side
Tax OM PSDifference
Income Tax0%15%PS +15 pplargest gap
Corporate Tax15%15%match
VAT5%16%PS +11 pp
Wealth Tax0%0%match

Income Tax

Income Tax, side by side
CountryRateSource
Oman0%Source: PWC Worldwide Tax Summaries — Oman (Individual, Significant developments) · as of 2026-07-07
Palestine15%Source: PWC Worldwide Tax Summaries — Palestinian territories (Individual, Taxes on personal income) · as of 2026-02-09
Difference−15 ppPalestine higher

Corporate Tax

Corporate Tax, side by side
CountryRateSource
Oman15%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Palestine15%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Difference0 ppdisplayed rates match

There's no gap here — Oman and Palestine both post a corporate tax rate of 15%. The 201-country average is 22.6%: both sit below it.

VAT

VAT, side by side
CountryRateSource
Oman5%Source: PWC Worldwide Tax Summaries — Oman (Corporate, Other taxes) · as of 2026-07-07
Palestine16%Source: PWC Worldwide Tax Summaries — Palestinian territories (Corporate, Other taxes) · as of 2026-02-09
Difference−11 ppPalestine higher

Between the two, Palestine's VAT rate (16%) tops Oman's (5%) by 11pp. The 181-country average is 15%: Oman sits below it, Palestine sits above it.

Wealth Tax

Wealth Tax, side by side
CountryRateSource
Oman0%Source: PWC Worldwide Tax Summaries — Oman (Individual, Other taxes) · as of 2026-07-07
Palestine0%Source: PWC Worldwide Tax Summaries — Palestinian Territories (Individual, Other taxes) · as of 2026-02-09
Difference0 ppdisplayed rates match

There's no gap here — Oman and Palestine both post a wealth tax rate of 0%. The 193-country average is 0.1%: both sit below it.

Not covered for both countries yet: Capital Gains Tax, Crypto Tax.