Kuwait: Extended deadlines for business tax returns, payments (COVID-19)
Kuwait: Extended deadlines for business tax returns
The Kuwait tax authority issued guidance (Circular No. 4 of 2020 (28 June 2020)) to extend the deadlines for businesses filing returns and remitting tax payments. The extensions are provided as relief in response to the coronavirus (COVID-19) pandemic.
The extended deadlines are available for businesses with fiscal year-ends of 29 February 2020, 31 March 2020, and 30 April 2020 due to disruption caused by COVID-19, and apply with respect to corporate income tax, Zakat liabilities, and the labor support tax.
Read a July 2020 report [PDF 283 KB] prepared by the KPMG member firm in Kuwait
Read also a July 2020 report prepared by KPMG International
The KPMG name and logo are trademarks used under license by the independent member firms of the KPMG global organization. KPMG International Limited is a private English company limited by guarantee and does not provide services to clients. No member firm has any authority to obligate or bind KPMG International or any other member firm vis-à-vis third parties, nor does KPMG International have any such authority to obligate or bind any member firm. The information contained herein is of a general nature and is not intended to address the circumstances of any particular individual or entity. Although we endeavor to provide accurate and timely information, there can be no guarantee that such information is accurate as of the date it is received or that it will continue to be accurate in the future. No one should act on such information without appropriate professional advice after a thorough examination of the particular situation. For more information, contact KPMG's Federal Tax Legislative and Regulatory Services Group at: + 1 202 533 4366, 1801 K Street NW, Washington, DC 20006.