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MP panel to discuss expat remittance tax
December 3, 2017, 6:07 am
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Parliament’s Legislative Committee intends to soon discuss a number of files including imposing taxes on the remittances of expatriates, reports Al-Rai daily.

It is worth mentioning that MPs have different viewpoints concerning imposing tax on the remittances of expatriates. Some MPs have been calling for imposing tax, as it will not have any dangerous consequences but will contribute to about three percent of Kuwait’s income.

They said Kuwait has the right to such an advantage, especially since the remitted amount is very high (KD 15 billion per year). However, other MPs consider such a suggestion as illegal, indicating that the proposal suggests a tax value that is more than the Zakat (2.5 percent), which is collected only once per year while such a tax will be collected on monthly basis in most cases.

They stressed that implementing this proposal will force many of the expatriates to resort to smuggling their money out of the country.

In addition, the other files intended for discussion by the committee include organizing the students’ union, and studying the letter submitted by the Parliament’s Budget and Final Accounts Committee with the request to expedite the discussion of the proposal to organize the audit processes carried out by the supervisors of state bod- ies that are under the control of State Audit Bureau, as well as a number of pending fi les related to the rights of Bedoun residents.

The committee will also study the proposals to amend Law No. 35/1962 concerning the parliamentary elections, reduce the voting age to 18 years, allow military men and policemen to stand for elections, and set the conditions that prevent an individual from candidacy.

The committee will also discuss the file related to appointing senior officials. The concerned proposal is related to setting conditions for the appointment of senior officials such as employing them for a term of four years which can be renewed only once.

Source: Al-Rai

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