Tax services are intended to provide reasonable assurance about whether tax declaration subject matter of audit or assurance is free from material misstatement, and provide the users of subject matter statements or information with opinion or conclusion about the integrity and soundness of such financial and nonfinancial statements and information.
The performance of tax services governed by the International Standards on Auditing (ISA) issued by the International Auditing and Assurance Standards Board (IAASB). The independent auditor holding licensed by The Ministry of Commerce and Industry (MOCI) and registered with Ministry of Finance (MOF) – Tax department to provide tax services. These terms apply to Baker Tilly firm.
There are no taxes in the State of Kuwait on individuals income and companies of persons, but the tax on:
- Foreign companies operating in the State of Kuwait
- Kuwaiti Public Shareholding Companies (listed on Kuwait Boursa)
- Kuwaiti Closed Shareholding Companies
The following are the tax services provided by Baker Tilly: