KPMG Kuwait wraps third annual tax event

KPMG Kuwait wraps third annual tax event

- The event, Talking Tax, underlined the impact of Kuwait joining 140+ signatories in the OECD/G20 Inclusive Framework on BEPS (Base Erosion and Profit Shifting) and saw participation from Kuwaiti MNCs, family business groups, government authorities, delegates from foreign embassies and business councils, and international clients.

Kuwait: KPMG Kuwait’s annual tax seminar Talking Tax came to a close after an eventful showing at the Four Seasons Hotel, Kuwait City.

The event was announced soon after Kuwait joined the OECD/G20 Inclusive Framework on BEPS, anticipating key shifts in the country’s tax landscape, to support businesses in Kuwait.

Dr. Rasheed Al-Qenae, Chairman of the KPMG Middle East, South Asia, and Caspian (MESAC) region and Managing Partner, KPMG Kuwait, kicked-off the event by acknowledging the significance of the step and welcoming the guests.

He said, “Kuwait joining the OECD/G20 Inclusive Framework on BEPS is a positive step toward achieving tax transparency. I would like to thank H.E. Mr. Ngo Toan Thang, Ambassador of the Socialist Republic of Viet Nam, and Mr. Nguyen Huu Duc, Attaché, Embassy of the Socialist Republic of Viet Nam, Ms. Anchita Kethwas, Second Secretary, Embassy of India, Kuwait, and Mr. Hu Hanming, Counsellor, and Mr. Wu Donghu, Economic and Commercial Affairs, Embassy of