According to recent reports, the government of Kuwait is again considering the implementation of a selective excise tax regime, which is seen as easier to implement than a VAT regime given the public and parliamentary objections to a VAT regime. Kuwait has long considered the implementation of both a selective excise tax and a VAT regime as agreed to by the Gulf Cooperation Council Member States. Under the latest proposal, selective excise tax rates of 10% to 25% would be imposed on tobacco products, carbonated and sweetened drinks, and luxury goods such as jewelry, luxury cars, and yachts. Additional details of the latest proposal will be published once available.
Source Orbitax
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