Tag: taxation in kuwait
Income Tax, Zakat Tax to be implemented shortly
The present stance of the government related to imposing taxes on remittances of expatriates gives it an opportunity to approve or dismiss the tax system. They revealed that the government has not yet adopted a firm opinion regarding this matter.
Remittance tax on Expats approved – Bill must win government approval
The parliamentary Financial and Economic Affairs Committee has approved four bills on imposing tax on remittances of expatriates, taking into account those with low income.
1% on KD 99,
2% on KD 100-200 ,
3% on KD 300-499
5 % on KD 500 and above
‘Vote’ today on proposal to impose taxes on expats
Parliament’s Financial and Economic Committee will Sunday, April 1 vote on the proposal submitted by MP Faisal Al- Kandari to impose taxes on the remittances of expatriates.
2% tax for below 100 KD transfer – 4% between 100 and 499 KD – 5% tax above 500
Kuwaitis and Expats decry bid to impose tax on remittances
Several citizens and expatriates have expressed disappointment over parliamentary attempts to impose tax on expatriates’ remittances, asserting most expatriates have very limited income. In an investigative report, they pointed out that imposing tax on remittances of expatriates is against the Kuwaiti Constitution; urging the lawmakers to follow in the footsteps of the best countries, not the worst.
Panel rejects imposition of expat remittance tax
The parliamentary Legislative and Legal Affairs Committee on Monday unanimously rejected the proposal to impose tax on remittances of expatriates because it is unconstitutional.
Taxes on the remittances of expatriates
Parliament’s Legislative Committee intends to soon discuss a number of files including imposing taxes on the remittances of expatriates, reports Al-Rai daily. It is worth mentioning that MPs have different viewpoints concerning imposing tax on the remittances of expatriates.
Tax on the remittances of expatriates
MP Faisal Al-Kandari on Thursday submitted a proposal to impose tax on the remittances of expatriates.
4% Tax on salaries between KD 100 and KD 499
Local banks have affirmed their refusal to provide financial information about their clients without the permission of the latter, reports Arab Times daily quoting informed sources.
IMF hits remittance tax on Expats in Kuwait
The International Monetary Fund (IMF) has indicated that imposing tax on expatriates’ remittances and incomes,
Kuwait to introduce sales tax
As per Arabtimes, He added the government confirmed its readiness to work towards economic reform, indicating the committee will try on Sunday to complete its final report regarding the document and its recommendations which will be submitted to the National Assembly for discussion on Tuesday.
