Kuwait attends Cooperation Council tax meeting
During the seventeenth meeting of the Committee of Heads and Directors of the Tax Departments of the Gulf Cooperation Council in Manama, the State of Kuwait discussed the application of the Value Added Tax (VAT) and excise tax. Kuwait was represented by its Deputy Minister of Finance, Aseel Al-Munifi. An agreement was reached to redefine energy drinks for tax policy purposes, and proposals were reviewed to improve the electronic system for indirect taxes. Additionally, the English translation of the amendments to the memorandum of amendments on the unified tax conventions was approved. The final recommendations will be presented to the Finance and Economic Cooperation Committee at their upcoming meeting in October 2026.
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