Kuwait to study proposal to introduce income tax
Kuwait’s Cabinet will study a proposal to introduce income tax for the first time in the Gulf Arab country, a finance ministry official and state media said. “This is a comprehensive law, it covers every kind of income without regard to the nationality of the tax payer,” a senior Finance Ministry official told Reuters. “
State news agency KUNA said Cabinet committees are set to study the draft law and then refer it to the next Parliament term. Parliament has been dissolved but a new assembly, to be elected on June 29, will have the right to vote on bills passed after the dissolution of its predecessor.