Ministerial Decision No. 55 of 2025, implementing Kuwait's DMTT framework under Decree-Law No. 157 of 2024, establishes in Article 61 a safe harbour for Non-material Constituent Entities (CEs). It allows a Designated CE to annually elect for simplified calculations for income, revenue, and adjusted covered taxes, based on Country-by-Country Reporting (CbCR) legislation. This applies to CEs not consolidated on a line-by-line basis due to materiality. The provision references OECD BEPS Action 13 guidelines and requires specific accounting standards for CEs with revenues over EUR 50 million.
CHAPTER 8 - SAFE HARBOR AND INITIAL PHASE OF INTERNATIONAL ACTIVITY
Article 61 - Safe Harbor by Simplified Calculation Method for Non-material CEs
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