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Kuwait Delays VAT Implementation Until 2028, Considers Tax Increases on Luxury Goods

  • 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.

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