Kuwait Tax Newsletter – Law No. 6 of 2024 on Information Exchange

On 14 July 2024, Kuwait enacted Law No. 6 of 2024, introducing enhanced obligations under the Common Reporting Standard (CRS). This edition of our newsletter outlines key compliance requirements and institutional responsibilities.

What’s Inside:

  •  Reporting rules and due diligence for financial institutions
  • International cooperation and automatic data exchange
  • Confidentiality rules and legal precedence
  • Penalties for non-compliance and oversight authority

Download the Law No. 6 of 2024 Tax Newsletter (PDF)