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Document Type: ER - Executive Rules & Instructions
Law: KIT (Law No. 2 of 2008 amending Decree No. 3 of 1955)
Decision Number: 51
Year: 2013
Country: 🇰đŸ‡ŧ Kuwait
Official Name: Executive Rule No. 51 Concerning penalties on delay of submitting the tax declaration

Ministry of Finance - Tax Department - 2013 [Executive Rules & Instructions]

Executive Rules and Instructions of Kuwait Income Tax Decree No. 3 of 1955 as amended by law No. 2 of 2008

Executive Rule No. 51 Concerning fines on delay of submitting the tax declaration

Article No. 34 of the Executive Regulations

A delay penalty of 1% for each 30 days or a fraction thereof shall be charged in the following cases:

First: Incorporated Body that submitted its tax declaration:

The fine shall be calculated from the due date for submission of the tax declaration until the date of its actual submission, on the basis of the tax amount as per the final tax assessment.

Second: Incorporated Body that did not submit its tax declaration:

The fine shall be calculated from the due date for submission of the tax declaration until the date of issuance of the assessment letter, on the basis of the tax amount as per the final tax assessment.

Third: Incorporated Body that submitted its tax declaration after the extension period:

The fine shall be calculated from the due date for submission of the tax declaration until the date its actual submission on the basis of the tax amount as per the final tax assessment, and the extension is considered null and void.

Fourth: Special and exceptional cases relating to the fine on delay of submitting the tax declaration shall be treated separately after consulting the Tax Department in this regard.