- Kuwait’s government presents a four-year action plan
- Economic reforms are a key focus of the plan
- VAT will not be introduced, despite previous agreements with the Gulf Co-operation Council
- Excise and corporate taxes are planned to be introduced within three years
Source: thenationalnews.com
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
Latest Posts in "Kuwait"
- Kuwait Imposes Anti-Dumping Duties on Ceramic Sanitary Ware from China and India
- Kuwait Boosts Benefits for GCC Authorized Economic Operators
- Kuwait Expands Truck Transit Lanes with Electronic Tracking
- Kuwait Customs Mandates “Undertaking Not to Dispose” for Imported Chemicals
- Kuwait Customs Enhances Refund Procedures for Importers and Exporters