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Kuwait implements domestic top-up tax on MNEs

|Tax Alerts, Legislation & Policy, Na ...|Kuwait
Kuwait

  • Kuwait has issued a law regarding taxation of multinational enterprises (MNEs), introducing a Domestic Minimum Top-Up Tax with an effective tax rate of 15%.
  • The Domestic Minimum Top-Up Tax will apply to MNEs operating in Kuwait with a consolidated annual revenue of €750m or more in two of the last four fiscal years and is effective for fiscal years starting on or after 1 January 2025.
  • Businesses in …

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