- Kuwait signed Unified VAT agreement in 2017 with other GCC states
- No VAT implementation in Kuwait until 2028
- Government plans to increase taxes on tobacco, watches, jewelry, luxury cars, and yachts as part of finance plan
Source: tungstenautomation.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 Customs Mandates “Undertaking Not to Dispose” for Imported Chemicals
- Kuwait Customs Enhances Refund Procedures for Importers and Exporters
- Kuwait Boosts Benefits for GCC Authorized Economic Operators
- Kuwait Expands Truck Transit Lanes with Electronic Tracking