VATupdate
VATupdate VAT GST sales tax Kuwait

Share this post on

Kuwait’s Four-Year Plan: No VAT

  • 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.

Sponsors:

VAT news

Advertisements: