Finance panel to review proposal to tax expat remittances
The parliamentary financial and economic affairs committee was scheduled to meet Saturday to discuss a proposal to tax expatriates’ remittances. The committee’s chairman MP Salah Khorsheed said Finance Minister Nayef Al-Hajraf will attend the meeting to discuss various related proposals. Khorsheed added that the committee has already reviewed a report by the parliamentary legislative and legal affairs committee, which had rejected the proposal as unconstitutional. He said the topic will be subjected to further study with the finance minister. Khorsheed denied any intentions to tax citizens’ remittances and stressed that according to statistics, expats’ annual remittances exceed KWD4.5bn. He also noted that suggestions include imposing gradual taxes. “However, we will consult the finance minister and the Central Bank prior to making any decision,” he concluded.
This website uses cookies to make the site work, to understand if the site is working well, how it is being used, to connect to social media sites (such as Facebook and Twitter) and to collect information useful to allow us and our partners to provide you with more relevant ads . Some cookies are essential to make the site work, but you can control how we use non-essential cookies at any time by clicking the “ON/OFF” button next to each category. For more information about the cookies used on this site, see Privacy Policy.
Decide which cookies you want to allow.
Strictly Necessary
These cookies are essential in order to enable you to move around our website and use its features, such as accessing secure areas of our website. Without these cookies, any services on our Site you wish to access cannot be provided.
Analytical/performance cookies
Visitors use our website, for instance which pages you go to most often, and if you get error messages from web pages.