Strategizing International Tax Best Practices – by Keith Brockman

Kuwait: 100% FDI regime

The recent issue of PwC International Tax News highlights a recent development for taxpayers operating in Kuwait whereby they can retain 100% ownership rights.  This is a significant development in the Middle Eastern region signaling the foreign direct investment initiatives elicited by the Kuwaiti administration.

Click to access pwc-international-tax-news-april-2015.pdf

Additionally, the new regime introduces income / customs tax benefits that can be availed of.

Tax and customs tax incentives are of growing importance around the world.  MNE’s should have a proactive structure in place that focuses attention on these opportunities.  Most importantly, tax and customs should be integrated re: tax disputes and appeals in the future coupled with the initial attraction of tax savings.

Leave a Reply

Please log in using one of these methods to post your comment:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

%d bloggers like this: