Kuwait to introduce new corporate tax initiative
- Date: 07-Nov-2023
- Source: Arab Times Kuwait
- Sector:Financial Services
- Country:Kuwait
Kuwait to introduce new corporate tax initiative
KUWAIT CITY, Nov 7, (Agencies): Kuwait is taking a significant step towards modernizing its tax system by introducing the “Business Profits Tax Law,” part of a comprehensive plan to revamp its existing tax framework. This move is driven by the nation’s desire to align with the OECD/G20 Inclusive Framework on base erosion and profit shifting …
The post Kuwait to introduce new corporate tax initiative first appeared on ARAB TIMES - KUWAIT NEWS.
<p>The post Kuwait to introduce new corporate tax initiative first appeared on ARAB TIMES - KUWAIT NEWS.</p>
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