- Kuwait government has ruled out implementing VAT before 2028
- Instead, they will increase customs duties and excise levies on certain luxury items
- They may also extend this to unhealthy foods
- Kuwait is part of the GCC, which originally agreed to implement a 5% VAT regime
Source: fiscalsolutions.co.uk
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.
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