Feasibility of Applying Value-Added Tax in the State of Kuwait
Dr. Ahmed Abdul-Sabour Al-Daljawi
Assistant Professor of Economic and Financial Legislation College of Law – University of Sharjah – UAE
This research aims to determine the feasibility of applying the value-added tax (VAT) in the State of Kuwait, and the truthfulness and objectivity of the concerns raised about this application. The researcher presented a specific problem that was formulated in a major question about the feasibility of applying the value-added tax in the State of Kuwait. A number of sub-questions arose from this question. Hence, the research was based on two basic hypotheses: there are many imperatives that accelerate the application of the value tax in Kuwait, and there are some problems that will contemplate the application of the tax and those are problems that can be solved. To answer the research questions and test the validity of its hypotheses, the research was divided into an introductory chapter and two independent chapters. The introductory chapter covers the conceptual framework of value added tax. The first chapter deals with the necessities of implementing the value-added tax in the State of Kuwait. As for the second chapter, it deals with the problems of implementing the value-added tax in the State of Kuwait and ways to overcome it. The researcher relied on the descriptive analytical method through collecting the largest possible amount of information on the subject of the study from various sources. Then, the researcher carefully analyzed the information obtained to reach sound scientific results. Finally, the conclusion of the research contained the most important findings and recommendations.
Keywords: value added, value added tax, the tax system, indirect taxes, public expenditures, public revenues, inflation, economic development.