Kuwait’s parliament has pushed back the implementation date several times but the International Monetary Fund said last year that it expects it to be introduced by 2022. Qatar is expected to go ahead with VAT in the second or third quarter of this year and is said to be close to finalizing its tax administration system, Dhareeba.
Source: zawya.com
Latest Posts in "Kuwait"
- Dubai Extends Goods Transit Period to 90 Days; Kuwait Bans R22 Air Conditioner Imports
- Kuwait Temporarily Bans Food Exports Without Approval to Safeguard Domestic Supply
- Kuwait Grants Full Customs Exemption for Al-Zour Power and Water Project Imports
- Kuwait Customs Revises Licensing Rules for Public Warehouses, Tightens Security and Operational Standards
- Kuwait Customs Mandates Continuous Radiation Screening and Strict Protocols at All Ports
