Kuwait News - Business, Taxation & Offshore

Switzerland To Add Anti-BEPS Provisions To Two Treaties
by Ulrika Lomas, Tax-News.com, Brussels
Wednesday, September 9, 2020
On August 26, 2020, the Swiss Federal Council ratified a new double taxation agreement with Bahrain and a Protocol to revise its DTA with Kuwait. Read Full Story

Saudi Arabia To Treble VAT Rate To 15pc In Response To COVID-19
by Lorys Charalambous, Tax-News.com, Cyprus
Friday, May 15, 2020
Saudi Arabia has announced its decision to increase its headline value-added tax rate to 15 percent from five percent, in a surprise break from the Gulf Cooperation Council's harmonized value-added tax framework.Read Full Story

Netherlands Adds To Tax Blacklist
by Ulrika Lomas, Tax-News.com, Brussels
Tuesday, December 31, 2019
Barbados and Turkmenistan have been added to the Netherlands' list of low-tax jurisdictions for the purposes of enforcing certain anti-tax avoidance rules, the Dutch Ministry of Finance announced on December 30, 2019. Read Full Story

Netherlands Begins Consultation On Tax Blacklist
by Ulrika Lomas, Tax-News.com, Brussels
Friday, October 11, 2019
On October 7, 2019, the Dutch Government announced the launch of a consultation on the 2020 edition of the list of low-tax jurisdictions for the purposes of enforcing existing and forthcoming anti-avoidance legislation intended to tackle base erosion and profit shifting.Read Full Story

Kuwait Again Tables Expat Tax Proposal
by Lorys Charalambous, Tax-News.com, Cyprus
Friday, May 10, 2019
Legislation has again been tabled before Kuwait's legislature to introduce a tax on expat remittances.Read Full Story

Netherlands Announces Tax 'Blacklist'
by Ulrika Lomas, Tax-News.com, Brussels
Monday, January 7, 2019
On December 28, 2018, the Dutch Government published in the Official Gazette a list of 21 low-tax jurisdictions. Companies doing business in these territories will face new anti-avoidance measures, intended to tackle tax base erosion and profit shifting.Read Full Story
- 27/09/2018 Netherlands Begins International Tax System Review »
- 27/02/2018 Bahrain Commits To Introducing VAT This Year »
- 02/01/2018 United Arab Emirates, Saudi Arabia Introduce Value-Added Tax »
- 29/12/2017 Bahrain To Begin Levying GCC's Selective Tax »
- 28/12/2017 Oman Confirms No VAT In 2018 »
- 22/12/2017 IMF Reports On Middle East's Fiscal Challenges »
- 18/12/2017 Irish Tax Regime 'Most Business Friendly In EU' »
- 01/12/2017 UAE Finalizes Adoption Of New VAT Framework »
- 17/11/2017 Saudi Arabia Explains VAT Rules For Transport Sector »
- 17/11/2017 IMF Urges Kuwait To Press Ahead With VAT »
- 27/07/2017 Saudi Arabia Readies For Value-Added Tax »
- 25/07/2017 IMF Praises Saudi Tax Reforms »
- 18/07/2017 UAE To Exempt Residential Property From VAT »
- 09/05/2017 Kuwait Signs OECD's Multilateral Tax Pact »
- 08/05/2017 Qatari Cabinet Approves VAT »
- 08/05/2017 Kuwait Central Bank Opposes Tax On Expat Remittances »
- 04/05/2017 Merkel Hopes EU Will Complete FTA With Gulf Nations »
- 19/04/2017 Saudi Arabia Approves GCC 'Sin Tax' »
- 18/04/2017 BEPS Inclusive Framework Meeting Held In Georgia »
- 21/03/2017 Taiwan Explains VAT Refunds For Foreign Exhibitors »
- 23/02/2017 Saudi Cabinet Approves GCC Selective Tax »
- 20/02/2017 Qatar To Introduce GCC Sin Tax »
- 02/02/2017 Kuwait Considering Higher Taxes On Foreign Residents »
- 16/11/2016 Oman Confirms Participation In GCC VAT From 2018 »
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