Kuwait's Ministry of Finance announced on X that a supplementary domestic minimum top-up tax (DMTT) for large multinational enterprises (MNEs) has been introduced through Decree No. (157) of 2024 on 30 December 2024. The Decree is designed to

Kuwait's Ministry of Finance is deciding on a draft law that will impose a 15% corporate income tax on all companies operating in the country, effective 1 January 2025. This tax will apply to both local and multinational companies, with the

The amending protocol to the Kuwait-South Africa Income Tax Treaty came into force on 2 October 2024. This protocol has been applied retroactively, with its provisions taking effect from 1 April 2012. The amending protocol was signed on 1 April

Tajikistan and Kuwait have signed an amending protocol to revise the Kuwait-Tajikistan Income and Capital Tax Treaty (2013) on 3 November 2024. According to a press release from the Tajikistan's Ministry of Foreign Affairs , a signing ceremony

An update from the General Consulate of Kuwait in Hong Kong and Macau on 14 October 2024 confirms that the first round of negotiations for a tax agreement between Kuwait and Macau has occurred in Macau. A tax treaty is a bilateral agreement

The Swiss State Secretariat for International Finance has announced that the protocol amending the 1999 income and capital tax treaty with Kuwait took effect on 14 October 2024. The amendment contains new rules for the taxation of dividends,