The protocol includes provisions to update tax information exchange mechanisms and aligns the treaty with minimum BEPS (Base Erosion and Profit Shifting) standards.
Austria and Kuwait signed an amending protocol to their 2002 income and capital tax treaty on 17 June 2025.
The protocol includes provisions to update tax information exchange mechanisms and aligns the treaty with minimum BEPS (Base Erosion and Profit Shifting) standards.
The protocol marks the first amendment to the agreement and requires finalisation, signature, and ratification before it can take effect.
Earlier, the Austrian Council of Ministers approved the signing of a protocol amending the 2002 income and capital tax treaty with Kuwait on 4 June 2025.