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‘55 firms evaded taxes in 2013’

 KUWAIT CITY, Feb 23: More than 55 foreign companies operating in the local market allegedly evaded payment of taxes in 2013, reports Al-Kuwaitiya daily quoting sources from the Ministry of Finance. Sources disclosed these companies are supposed to pay 15 percent annual tax but they failed to do so in 2013. Sources said the total amount of the unpaid taxes is estimated at KD 70 million.

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