policy-updates

Kuwait’s new taxes expected to lift non-oil income to record high

By CityCalc Newsroom · Fri Jul 03 2026 · Source: AGBI

New levies on multinational companies and a “sin tax” on harmful products are forecast to earn Kuwait record high non-oil revenues in the next fiscal year, helping to reduce the Gulf state’s dependence on hydrocarbons. The two types of tax could fetch the government …

New levies on multinational companies and a “sin tax” on harmful products are forecast to earn Kuwait record high non-oil revenues in the next fiscal year, helping to reduce the Gulf state’s dependence on hydrocarbons. The two types of tax could fetch the government …

Curated by CityCalc from AGBI. Read the full article at the source.

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