Government To Impose Taxes On Expat Money Transfers
Category: Kuwait Local News
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MP Dr Khalil Abdullah has asked the government to impose simple taxes on money transferred by expatriates to their countries, considering they transfer about millions of Kuwaiti dinars annually, reports Al-Rai daily.

Abdullah also said that the government must find other sources of national income and benefit from the fact that the country is a transit point for many expatriates through its land and air borders; hence, the need to provide facilities and services, daily added.

“We are not against expatriates, as they are our partners but it is necessary to protect our economy and benefit from their existence to support the country’s general budget,” daily reported quoting him as saying. 

He went on to say that the deficit which was announced recently is a sign of danger, so the government must search for effective solutions to the problem as it is not acceptable to allocate 60-80 percent of the budget for salaries.

 

10 Aug, 2015 0 998
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