The present stance of the government related to imposing taxes on remittances of expatriates gives it an opportunity to approve or dismiss the tax system. They revealed that the government has not yet adopted a firm opinion regarding this matter.
According to legal sources, the laws and the Constitution are the two basic factors that control the decision related to tax enforcement. Meanwhile, First Deputy Chairman of Kuwait Chamber for Commerce and Industry (KCCI) Abdulwahab Al-Wazzan said in a press release that tax should be imposed on everyone, as that is the way to ensure justice.
He affirmed it is a known fact that new taxes will be implemented shortly such as Value Added Tax (VAT) and income tax along with the current taxes like Zakat tax, national labor subsidy and the tax paid to Kuwait Foundation for the Advancement of Sciences.
Al-Wazzan insisted that participation in supporting the state funds is a national duty, encouraging everyone to participate and stop squandering the public funds as well as to confront corruption.
Source : Arabtimes
Most Read Posts:
- Cancellation of ‘no work permit renewal’…
- Visa-free entry to UK for GCC
- Saudi Arabia’s first alcohol store
- Kuwait MoI stops issuing family reunion visas
- Verifying of Expats Driving Licenses begins
- Tests required for expats
- Update - Dependent visa rules for expats
- The reason behind spread of coronavirus in Kuwait
- The Philippines ends ban on workers travel
- 5,000 passengers arrivals per day from May 22
- CityBus Launches ‘Gold Rush’ Raffle Draw…
- Old cars are not allowed on roads
- If your license was issued after 2013,…
- Transfer of residence after 1 yr of work…
- No entry visa required from Jan 1, 2022
- Kuwait ready for reopening of schools
- Proposal on health insurance of KWD 500/-…
- 215,000 expats left Kuwait in 2020
- 6,127 expats terminated; 1,840 more to be…
- HUAWEI Mate Xs 2 - Unfold a New Way of Thinking
- 7 yrs imprisonment with 2,710,000 dinars…
- New unified visa platform
- Residences Cancelation - 6 Months and more…
- Kuwait returns staff capacity to 100% and…
- Three sites in Jahra for expatriate…
- Kuwait Mall: Defining Luxury and Grandeur…
- New UAE visas for job-seekers, investors,…
- HUAWEI nova Y70 - 2022 budget smartphone in Kuwait
- Zain Strategic Partner of VO to empower…
- Kuwait sent oxygen cylinders to India
Filed in: All • Local News
Tagged with: income tax • income tax in kuwait • kuwait upto date • kuwait upto date news • new taxation • news • tax in kuwait • tax in kuwait 2018 • tax on expats in kuwait • taxation • taxation in kuwait • taxation in kuwait 2018 • zakat tax
It”s my good fortune that I met the “Angel Couple when I was almost certain to return back to India from Kuwait in 2004, after being duped of a career and promise by the person who persuaded me to join him in Kuwait leaving a lucrative career in Oman. It was Rick who after seeing my credentials referred to a British company where his Wife was working. I just got the step and never looked back after that till date. I am now the Administration Manager of my company for ME, SE Asia & India, but things could have been different had “Rick not referred me to. I owe a lot to both of themRick..Good Manwhere ever You areMay You RIP!!!!