Tag: tax in kuwait

Taxes on the remittances of expatriates

December 3, 20170 Comments

Parliament’s Legislative Committee intends to soon discuss a number of files including imposing taxes on the remittances of expatriates, reports Al-Rai daily. It is worth mentioning that MPs have different viewpoints concerning imposing tax on the remittances of expatriates.

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Tax on the remittances of expatriates

January 6, 20170 Comments

MP Faisal Al-Kandari on Thursday submitted a proposal to impose tax on the remittances of expatriates.

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Effects of tax on expat’s money transfer to their countries

December 26, 20160 Comments

The International Monetary Fund (IMF) warned about the intention of some Gulf countries about taxation on the money transfers by expatriates, reports Arab Times daily.

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Tax proposed on expat money transfers – Rate up to 5%

May 2, 20165 Comments

MP Faisal Mohamed Al-Kandari has proposed imposing tax on money transfers of expatriates. In a press statement, Al-Kandari pointed out the State of Kuwait hosts about three million expatriates who transfer money to their countries, which reached KD 19 billion in the last five years and this amount is equivalent to the national budget of Kuwait for one year. Continue Reading &raquo

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