GCC Tax Update Q2 2026
GCC Tax Update Q2 2026
About the update
Kuwait continues to advance its tax framework with significant developments that will affect multinational businesses and organisations operating in the country.
What's covered this quarter:
During the second quarter of 2026, further progress was made on the Domestic Minimum Top-up Tax (DMTT), alongside updates to tax compliance, reporting obligations and international tax measures.
Key developments include the introduction of an optional advance tax payment programme, OECD recognition of Kuwait's DMTT as a transitional qualified regime and QDMTT Safe Harbour, as well as important changes to tax retentions for government contracts. Businesses should also be aware of extended FATCA and CRS reporting deadlines and Kuwait's ratification of the OECD Multilateral Instrument (BEPS-MLI).
As Kuwait continues aligning with international tax standards, organisations should assess how these developments may impact their tax compliance and future planning.
DOWNLOAD THE Q2 2026 UPDATE
Kuwait continues to advance its tax framework with significant developments that will affect multinational businesses and organisations operating in the country.
What's covered this quarter:
During the second quarter of 2026, further progress was made on the Domestic Minimum Top-up Tax (DMTT), alongside updates to tax compliance, reporting obligations and international tax measures.
Key developments include the introduction of an optional advance tax payment programme, OECD recognition of Kuwait's DMTT as a transitional qualified regime and QDMTT Safe Harbour, as well as important changes to tax retentions for government contracts. Businesses should also be aware of extended FATCA and CRS reporting deadlines and Kuwait's ratification of the OECD Multilateral Instrument (BEPS-MLI).
As Kuwait continues aligning with international tax standards, organisations should assess how these developments may impact their tax compliance and future planning.
DOWNLOAD THE Q2 2026 UPDATE