Finance Ministry at GCC Tax Meeting
The Kuwaiti Ministry of Finance participated in the 17th meeting of the Heads and Directors of Tax Departments of the Gulf Cooperation Council countries in Manama, where Kuwait led the delegation. Topics discussed included the implementation of excise tax and value-added tax, with key issues such as redefining energy drinks for tax policy purposes, reviewing countries' views on the indirect tax system, and approving the English translations of the amendments to the VAT and excise tax agreements. The recommendations will be forwarded to the Financial and Economic Cooperation Committee at its next meeting in October 2026.
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