08 January 2016

Kuwait issues amendments to Executive Regulations to corporate tax and Zakat laws

The Kuwait Ministry of Finance (MoF) issued Administrative Resolution No. 2028 of 2015 on January 3, amending certain Executive Regulations (ERs) relating to Law No. 2 of 2008 (Corporate Tax Law) and Law No. 46 of 2006 (Zakat Law). The amended ERs for the corporate tax law shall be effective from the fiscal year ended December 31, 2015 and the amended ER for Zakat law shall be effective from January 1, 2016.

A Tax Alert prepared by Ernst & Young Kuwait, and attached below, provides additional details.

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ATTACHMENT

Document ID: 2016-0046