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Document Type: BL - Bylaws
Law: KIT (Law No. 2 of 2008 amending Decree No. 3 of 1955)
Decision Number: 29-article-29
Year: 2008
Country: 🇰đŸ‡ŧ Kuwait
Official Name: Article 29

Ministerial Decision No. 29 of 2008 [Executive Bylaws]

Article 29

Chapter 8 : Tax Collection

Article 29

In the event a tax assessment – exceeding the tax determined on the basis of the Tax Declaration - is made within the next twelve months for taxable period, the excess amount shall be equally divided on the number of installments and that the amount related to the previous installments shall be settled in one payment within 30 days of the notice date of the assessment letter.