Mp Safa Al-hashim Forwarded Questions To Minister Of Finance About Draft Law On Vat

MP Safa Al-Hashim has forwarded questions to Minister of Finance Anas Al-Saleh about the draft law on Value Added Tax (VAT) and selective taxation. She wants to know if there has been a request for consultancy services from a global or local advisory office to prepare the draft law and implementing regulations; in addition to the required studies, organizational structure, administrative processes, human resource development, public awareness campaigns, information dissemination and other related services.

In case the answer is no, she requested for details of tender number 3/2017-2018 on tax administration development project and results of a study conducted in this regard if any. She also asked if VAT is included in the National Program for Financial and Economic Sustainability which is commonly known as economic reform document.

Furthermore, participants in the closed door panel discussion organized by the Foreign Affairs Committee in the National Assembly on Monday agreed on the need to activate the role of the Gulf Cooperation Council (GCC) and form an electronic army to counter hostile attacks on Arab and Gulf countries.

Committee Chairman MP Ali Al- Daqbasi told reporters at the end of the panel discussion held under the auspices of Speaker Marzouq Al-Ghanim that the 10 participants include present and former academicians, ambassadors and media practitioners. He said they looked into the challenges that Kuwait and the region are currently facing. He added the committee will submit its report about the panel discussion to the National Assembly soon, hoping this will lead to non-traditional strategies for dealing with challenges.

SOURCE : ARABTIMES

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