OM · AsiaSG · Asia

Oman vs Singapore: tax rates compared

Singapore's income tax rate is 24pp higher than Oman's (24% vs 0%). The 200-country average is 28%: both sit below it.

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

At a glance

0102030405060Income0%24%Corporate15%17%VAT5%9%Capital Gains0%Crypto0%Wealth Tax0%
six shared taxes, side by side
Tax OM SGDifference
Income Tax0%24%SG +24 pplargest gap
Corporate Tax15%17%SG +2 pp
VAT5%9%SG +4 pp
Capital Gains Tax0%0%match
Crypto Tax0%0%match
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
Singapore24%Source: Inland Revenue Authority of Singapore (IRAS) — Individual Income Tax rates · as of 2026-04-27
Difference−24 ppSingapore higher

Corporate Tax

Corporate Tax, side by side
CountryRateSource
Oman15%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Singapore17%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Difference−2 ppSingapore higher

Singapore's corporate tax rate is 2pp higher than Oman's (17% vs 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
Singapore9%Source: PWC Worldwide Tax Summaries — Singapore (Corporate, Other taxes) · as of 2026-07-02
Difference−4 ppSingapore higher

Singapore's VAT rate is 4pp higher than Oman's (9% vs 5%). The 181-country average is 15%: both sit below it.

Capital Gains Tax

Capital Gains Tax, side by side
CountryRateSource
Oman0%Source: PWC Worldwide Tax Summaries — Oman (Individual, Significant developments) · as of 2026-07-07
Singapore0%Source: PWC Worldwide Tax Summaries — Singapore (Individual, Other taxes) · as of 2026-07-02
Difference0 ppdisplayed rates match

Oman's capital gains tax rate is identical to Singapore's — both sit at 0%. The 175-country average is 10.3%: both sit below it.

Crypto Tax

Crypto Tax, side by side
CountryRateSource
Oman0%Source: PWC Worldwide Tax Summaries — Oman (Individual, Significant developments) · as of 2026-07-07
Singapore0%Source: IRAS e-Tax Guide — Income Tax Treatment of Digital Tokens · as of 2026-01-30
Difference0 ppdisplayed rates match

Oman's crypto tax rate is identical to Singapore's — both sit at 0%. The 88-country average is 13%: both sit below it.

Wealth Tax

Wealth Tax, side by side
CountryRateSource
Oman0%Source: PWC Worldwide Tax Summaries — Oman (Individual, Other taxes) · as of 2026-07-07
Singapore0%Source: PWC Worldwide Tax Summaries — Singapore (Individual, Other taxes) · as of 2026-07-02
Difference0 ppdisplayed rates match

Oman's wealth tax rate is identical to Singapore's — both sit at 0%. The 193-country average is 0.1%: both sit below it.