KUWAIT CITY: Kuwait’s parliament is gearing up for a tumultuous debate over the introduction of a remittance tax for foreigners after two parliamentary committees expressed opposed views on the matter.
Whether to endorse a bill that calls for imposing taxes on the money transferred by foreigners to their home countries opposes the financial committee and the legislative committee and consequently the lawmakers.
The legislative committee has opposed the bill, saying that it was unconstitutional and harmed the country’s reputation and higher interests and should not be endorsed by the parliament.
However, the financial committee this week said that the bill was fully constitutional and beneficial for the state and should therefore be passed by the MPs.
