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The Kuwaiti government is considering levying taxes on high-income expatriate employees, while middle and lower-income workers are exempt, according to reports.
Arab News, quoting Al-Arrouiah Daily, reported that the administration has amended the Tax Law in a bid to impose taxes on the highest earning expats and Kuwaiti nationals.
The news provider believes this move will leave around 90 per cent of the population exempt from the new taxes.
Currently no income or wealth tax exists in the country, although businesses are subject to tax legislation.
Arab News reported that the executive authority has amended the legislation and it will be forwarded to the National Assembly for approval. However, discussions are still to be had over the exemption on individual expenditure from family income, the newspaper said.
The move comes after the National Bank of Kuwait revealed that the country is the largest source of expatriate remittances in the six-nation Gulf Co-operation Council.
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