FATCA
-
Local banks refuse to provide financial information about expats without permission
KUWAIT CITY: Local banks have affirmed their refusal to provide financial information about their clients without the permission of the…
Read More » -
Over 500 financial reports provided – ‘Bank accounts of dual Kuwaiti-US citizens’
KUWAIT CITY, Dec 1: Ministry of Finance, earlier this week, provided the US Department of Treasury with more than 500…
Read More » -
Bankers question status of account secrecy for expats – ‘Treaty mirrors FATCA’
KUWAIT CITY, Nov 30: “Is Kuwait moving towards lifting the ‘banking secrecy’ of expatriates’ bank accounts?” — This question was…
Read More » -
Deal signed in tax data swap between Kuwait and the United States of America
KUWAIT CITY, Oct 5, (KUNA): The Ministry of Finance has signed a contract with the audit taxation bureau, Baker Tilly,…
Read More » -
FATCA cheats risk ‘passports’
KUWAIT CITY, Jan 13, (KUNA): Kuwaiti citizens who possess US passports need to straighten out their US tax status to…
Read More » -
Sea-change in landscape of taxation
KUWAIT CITY, Nov 29: “The world of taxation has changed tremendously impacted by FATCA, transfer pricing, Base Erosion and Profit…
Read More » -
Kuwait commits to US mandated FATCA law
KUWAIT CITY, Oct 28: The US Foreign Account Tax Compliance Act (FATCA) model has spurred the rise of a global…
Read More »