Argentina and Kuwait have concluded negotiations and initialled their first income and capital tax treaty, aimed at eliminating double taxation and preventing tax evasion and avoidance.
Argentina’s Undersecretariat of Public Revenue, in an update, stated that Argentina and Kuwait have concluded negotiations and initialled an income and capital tax treaty.
This agreement seeks to establish a framework for eliminating double taxation on income while preventing tax evasion and avoidance between the two countries.
Any resulting treaty will be the first between the two countries and must be signed and ratified before it can enter into force.
