Ministerial Decision No. 55 of 2025 establishes Kuwait's DMTT framework under Decree-Law No. 157 of 2024. Article 20 provides an annual election for a Domestic Constituent Entity to exclude income from debt releases from its GloBE Income or Loss calculation. This exclusion is permissible under specific financial distress scenarios, including statutory insolvency or bankruptcy proceedings, or arrangements with third-party creditors to prevent imminent insolvency. If these conditions are not met, a limited exclusion may apply if liabilities exceed asset value, capped by specific criteria. The election is valid for one Tax Period only.