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  •   Sun, May 28 2006 12:00:00 AM

Middle East Finance and Economy

Kuwait, May 28: The Kuwaiti government is studying a proposal to introduce income tax, reported Reuters.

The new law would impose a flat rate tax of 10% on all earners, irrespective of their nationality.

The draft law is set to be studied by the cabinet and then possibly referred to the next session of parliament.
  

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