Taxation in Kuwait

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Lawmakers who had been calling for the tax have been arguing that it would help generate revenues for the government

A bill to impose a tax on remittances by expatriates based upon their income levels has been approved by the Parliamentary Financial and Economic Affairs Committee of Kuwait.

There are no indications that government will issue a decree of necessity to impose tax on citizens and expatriates, especially as the Parliament has completely rejected the plan to implement Value Added Tax and Selective Tax system.

Ministry of Finance has prepared a bill for implementation of selective tax on some commodities such as tobacco, and energy and soft drinks, reports Al-Qabas daily.

Kuwait’s government is reportedly planning to impose taxes on expat remittances and companies, reduce subsidies and privatise a number of sectors under reforms to be presented to the new Cabinet and parliament.

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