Middle East

Kuwait Ministry of Finance unveils plan for FY 2024/25

The Ministry’s practices included the following:
■ Practice the public sector planning and budgeting system
■ Practicing the Ministry of Finance’s strategic plan system
■ BEPS project to combat tax base erosion and profit shifting
■ The practice of providing electronic services to the tax administration
■ Maintenance and technical support for the KITAS automated tax system
■ Practice in providing support services in the financial fields and systems of the Ministry’s financial and tax affairs sector
■ Supply, installation and operation of the Integrated Tax Administration System (ITAS) and electronic services
■ Practice maintenance of confiscation management operational environment equipment
■ Supervising the implementation of the Integrated Tax Administration System (ITAS) project and providing associated consulting services
■ The practice of providing special anti-virus software for the Tax Information Exchange and the Automated System for CRS, CBCR and FATCA agreements
■ The practice of supplying, operating and maintaining a tax information exchange programme
■ Practicing specialized international tax consulting
■ The practice of providing and maintaining electronic services for tax administration

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