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FinancialNews


  • 17-12-13

    Kuwait considering income tax on national companies

    (MENAFN) Kuwait is considering imposing income tax on national firms to help boost government revenue, Arabian Business reported. Kuwait's finance ministry said: �The government may adopt proposals to extend the current corporate income tax to include Kuwaiti firms besides the foreign firms." The ministry is also coordinating with authorities in the GCC �for the development of the value added tax, which has seen good progress so far".

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