On 14 July 2024, Kuwait published Decree-Law No. 6 of 2024 in the Official Gazette on the exchange of information for tax purposes. The Decree-Law authorizes the authorities to require the submission of tax information available to residents, including for automatic exchange and in response to requests. This may include information from any person or entity in Kuwait in accordance with international tax information exchange agreements. The Decree-Law also includes specific rules for the collection and reporting of account information by financial institutions, which must be submitted to the competent authority by 31 May following each year. Lastly, the Decree-Law...