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 Kuwait should review the provisions of the law and carry out appropriate impact assessments as applicable.  Executive summaryOn 31 December 2024, the Kuwaiti Cabinet issued Decree-Law No. 157 of 2024, promulgating the Multinational Entity...