On October 13, 2009, the government of Georgia and the government of the State of Kuwait have signed an Agreement for the Avoidance of Double Taxation and the Prevention of Fiscal Evasion with respect to Taxes on Income and on Capital. The treaty entered into force on April 14, 2013,… – Continue reading
• Partnership creates end-to-end solution for enabling and ensuring FATCA compliance, including: data consolidation, indicia identification, additional KYC data/document capture, alerts/notifications and dashboards to monitor compliance, withholding calculations and remittance, and tax reporting. Banking analytics, risk and compliance pioneer, iCreate, today announced a strategic partnership with tax information reporting leader,… – Continue reading
Ministry Asks Cabinet To Issue Decree KUWAIT CITY, May 4, (KUNA): The Ministry of Finance has announced that the State of Kuwait joined the list of countries which agreed initially in substance on the FATCA (Intergovernmental Agreement). The Ministry disclosed that they have agreed on substance regarding the FATCA… – Continue reading
Kuwait International Bank has completed all the requirements to register with the US Internal Revenue Service (IRS) regarding the enforcement of FATCA, said the bank’s Board Chairman Sheikh Muhammad Al-Jarrah Al-Sabah, in a press statement. Kuwait state news agency KUNA reported him as saying that to ensure total compliance with the IRS,… – Continue reading
NAIROBI (Xinhua) — The Kenyan government on Monday signed an agreement with the Seychelles to phase out double taxation on companies from the two countries. Kenya’s Cabinet Secretary for Treasury Henry Rotich said the elimination of double taxation will promote flow of investments, trade and labor between the two countries. “ Kenya has… – Continue reading
Bangladesh and Kuwait have signed a double taxation avoidance agreement recently in a bid to promote bilateral trade and investment between the two countries. The agreement titled ‘The avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on income’ was signed Wednesday in Kuwait. Bangladesh’s National… – Continue reading
