VAT
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Kuwait
‘Submit draft of joint agreement on selective tax’
KUWAIT CITY, June 14: Deputy Prime Minister and Minister of Finance, Anas Al-Saleh has urged the concerned bodies to expedite…
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Kuwait
Kuwait and other GCC countries confirm introduction of VAT
KUWAIT CITY: Kuwait and other GCC countries have confirmed the introduction of the unified Value Added Tax (VAT) framework and…
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Business
Tax revenue to see rise as deal on VAT sealed – Retirees encouraged to start businesses
KUWAIT CITY, April 24: Funds of the Tax Department in the Ministry of Finance during Fiscal 2016/2017 exceeded KD 200…
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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…
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Kuwait will implement the joint tax agreement by early 2018
KUWAIT CITY: Ministry of Finance settled the controversy concerning the schedule for implementing Value Added Tax (VAT) system, when the…
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Business
‘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…
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5% GCC VAT on goods, services by 2018 – Preparation for VAT requires immediate action
Executive summary On Jan 30, 2017, the Shura Council in Saudi Arabia announced the approval of the Gulf Cooperation Council…
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MINISTRY TO ENSURE TAX NOT EXPLOITED FOR PRICING – Exemptions possible on GCC VAT
KUWAIT CITY, March 12: Deputy Prime Minister and Minister of Finance said his ministry will study the possibility of exempting…
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VAT possible in early 2018
DOHA, Qatar, Feb 7, (AP): Qatar’s finance minister says a new unified value-added tax across the Gulf Arab countries could…
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