The amending protocol to the 2007 income and capital tax treaty between Kuwait and Luxembourg was signed on 25 March 2021. The protocol is the first to amend the treaty and includes the following changes: The preamble is replaced in line with BEPS standards; Paragraph 3 of Article 2 (Taxes Covered) is updated to provide that the treaty covers: Luxembourg income tax on individuals, corporation tax, capital tax, and communal trade tax; and Kuwait income taxes as per Decree No.3 of 1955 as amended by Law No 2 of 2008, Law No. 23 of 1961 of the Neutral Zone, and...