No. 10



Rudhan Sees Need To Amend Kuwaiti Investment Tax Law

The Kuwaiti Second Deputy Prime Minister and Minister of Finance, Mr. Nasir al-Rudhan, announced that his ministry has drawn up a plan to amend the existing Kuwaiti investment tax law, which was first issued in 1955. The minister explained that it has become necessary to change the 40- year law, which was originally tailored to taxing oil companies, because it is not suitable for foreign...