Kuwait Signs Inclusive Framework on BEPS

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Kuwait City December 07 2023:

Kuwait joins international efforts against tax avoidance by joining the OECD/G20 Inclusive Framework on BEPS, an international collaboration with over 140 member countries and jurisdictions.

Through its membership, Kuwait has also committed to addressing the tax challenges arising from the digitalisation of the economy by participating in the Two-Pillar Solution to reform the international taxation rules and ensure that multinational enterprises pay a fair share of tax wherever they operate.

Collaborating on an equal footing with all other members of the Inclusive Framework, Kuwait will participate in the implementation of the BEPS package of 15 measures to tackle tax avoidance, improve the coherence of international tax rules and ensure a more transparent tax environment.

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