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Sales, corporate income tax nearer
KUWAIT CITY, Feb 21: Minister of Finance Anas Al-Saleh has affirmed his
ministry in fiscal 2013/2014 has undertaken two projects to apply the tax system
in Kuwait — sales tax and corporate income tax, reports Al-Wasat daily. He
indicated the total cost of the two projects is estimated at KD 35 million. He
clarified the total cost of the first project — sales tax — is KD 15,680,000
whereas the total cost of the second project — corporate income tax — is
estimated to be KD 19,250,000. link
Well, that's one way of getting people to move out of Kuwait.
Well, that's one way of getting people to move out of Kuwait.
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