Kuwait joins OECD/G20 Inclusive Framework on BEPS and considers introduction of Business Profits Tax

30 November 2023|Tax Alerts, Information Reporting, Legislation & Policy, National/Federal Taxation, BEPS 2.0|Kuwait

Kuwait has joined the Organisation for Economic Co-operation and Development/G20 Inclusive Framework on Base Erosion and Profit Shifting (BEPS) and is now committed to implementing the minimum standards of the BEPS plan.
As an Inclusive Framework member, Kuwait has also committed to participating in the implementation of BEPS 2.0, with the objective of addressing the tax challenges arising from the digitalization of economy and encouraging multinational companies to pay their fair share of tax in…

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