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Wednesday , November 13 2019

Tag Archives: tax

‘Bank to collect business tax details of clients’

KUWAIT CITY, April 2: Kuwaiti banks have decided to collect the registered individual and business tax details of their clients, covering interest, profits, deposits and …

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Kuwait delays enforcement of selective tax policy until mid-yr – SPC expected to okay newly approved oil strategy

KUWAIT CITY, March 29: Kuwait has decided to postpone enforcement of the selective tax regime until the middle of the current year. It decided to …

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Kuwait intends to postpone tax implementation

KUWAIT CITY: Unlike Saudi Arabia which is preparing to apply selective tax from April 2017, other GCC countries including Kuwait have not yet decided on …

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‘VAT revenue for Kuwait at 3 & 5% to equal 0.8 & 1.4% of GDP respectively’ – For effi ciency VAT must be easy to implement: Feaheny

KUWAIT CITY, March 15: The Union of Investment Companies (UIC) in coordination with PwC Kuwait conducted a seminar on the topic of Kuwait taxation updates …

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Canadian Soldiers serving in Kuwait lose major tax exemption – ‘Change causing hardships’

KUWAIT CITY, Feb 12: Canadian soldiers, who are currently assigned in Camp Arifjan and are participating in the fight against ISIS, are no longer entitled …

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Imposing taxes on expatriates will impact negatively on realty sector

KUWAIT CITY, Jan 18: A number of real-estate businessmen expressed strong messages concerning the repeated parliamentary calls to impose taxes and increased fees on expatriates, …

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GCC panel mulls draft tax treaties

RIYADH, May 25, (KUNA): The GCC committee on financial and economic cooperation convened an extraordinary meeting on the ministerial level on Tuesday, with Undersecretary of …

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Kuwait preps 10% corporate tax, 5% VAT – Law to MPs within months

KUWAIT CITY, March 28, (KUNA): Governments in the Middle East and North Africa are experimenting with new taxation methods in a bid to ratchet up …

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Cabinet nod to 10% tax on company profits – Repricing of some commodities, public services approved

KUWAIT CITY, March 14, (Agencies): Kuwaiti Finance Minister Anas Al-Saleh told a press conference on Monday that the Cabinet had approved a plan to impose …

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Panel discussion explores ‘Kuwait Taxation’- British Business Forum holds meeting

KUWAIT CITY, Jan 25: With falling oil prices, a budget deficit, and a recent rise in the Fed interest rates, it looks almost inevitable that …

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