The tax authorities in Kuwait recently announced that it will finally introduce Value Added Tax (VAT) at 5% from 1 April 2021. Kuwait is part of the Gulf Cooperation Council (“GCC”) and all of the 6 countries of the GCC have agreed to implement a harmonised VAT regime of 5% by 2021. The GCC countries consist of Saudi Arabia, Kuwait, the United Arab Emirates, Qatar, Bahrain, and Oman. Kuwait’s VAT launch is set for 1 April 2021.
What you need to know about the 2020 EU VAT Deadline
The EU Refund Directive VAT deadline is around the corner and this article deals with what you need to know about 2020’s EU VAT deadline in particular.
