Tax Law: Article 41 - Exchange Rate
Chapter 8 - Final Provisions
Article 41 - Exchange Rate
The exchange rate for foreign currencies related to the application of the provisions of this law is evaluated in Kuwaiti Dinar, in accordance with the instructions of the Central Bank of Kuwait. The monthly or annual average exchange rate announced by this bank shall be considered, as the case may be.
The executive regulations will specify the procedures and controls necessary for the application of the provisions of this Article.