The latest edition of KPMG Kuwait’s marquee tax event, Talking Tax, to place sharper focus on BEPS 2.0 and alignment with global tax standards
The event, Talking Tax, underlined the impact of Kuwait joining 140+ signatories in the OECD/G20 Inclusive Framework on BEPS (Base Erosion and Profit Shifting) and saw participation from Kuwaiti MNCs, family business groups, government authorities, delegates from foreign embassies and business councils, and international clients.
Talking Tax 2025 is scheduled to take place on 15 January 2025 at the Four Seasons Hotel, Kuwait City. This edition of Talking Tax will look to focus on the new Kuwait DMTT Law and how it links to BEPS Pillar 2 globally, impact of the changes to the Kuwait tax environment, tax technology, Kuwait tax inspection, updates and practices of the Kuwait Tax Authority, and economic updates from Kuwait.
The event will also feature industry leaders to address specific queries around the new laws and their impact on various sectors. Additionally, this edition of Talking Tax will feature a keynote session by Daniel Kaye, Group Chief Economist, National Bank of Kuwait, who will present key economic updates from Kuwait. Following Daniel’s session, Fahim Bashir, Partner — Tax & Corporate Services, KPMG Kuwait, Naveen Bohra, Director — Tax & Corporate Services, KPMG Kuwait, and Jorge Santos Lopes de Sousa, Manager, Pillar 2 Subject Matter Expert, KPMG Germany, will address the new Kuwait DMTT Law and how it relates to the Pillar 2 legislation.
Considering Kuwait’s tax environment is expected to witness significant shifts, Talking Tax 2025 will comprise two insightful panel discussions with panelists from KPMG and some of Kuwait’s most notable organizations. They are: Dr. Rasheed Al-Qenae, Managing Partner, KPMG Kuwait, Sanjay Khetan, Group CFO, Alshaya, Kaizar Shakir, Director and CFO, Gulf Consult, Salman Bin Khaled, Partner — Audit, KPMG Kuwait, Aleem Ullah Azim, Financial Manager, Fouad Alghanim Group of Companies Holding, Kuo Yang, Vice President, Jereh Oil & Gas Engineering Corporation, Heba Nabil A. Abdelrahman, Associate Director — Tax & Corporate Services, KPMG Kuwait, and Omar Ahmad, Associate Director — Tax & Corporate Services, KPMG Kuwait.
The panel discussions will be moderated by Zubair Patel, Partner and Head of Tax & Corporate Services, KPMG Kuwait, and Muhammad Hanan Tariq, Partner — Tax & Corporate Services, KPMG Kuwait.
Like the previous editions, this year’s Talking Tax will continue to serve as a platform that brings together industry experts and KPMG’s tax professionals to offer a clearer picture of how the tax ecosystem is transforming on country and regional levels.
Addressing the intentions behind the tax event, Zubair concluded:
As MNEs prepare for and (or) continue to take on the new tax reality, our aim through Talking Tax 2025, will be to share with them the knowledge and insights necessary to adapt and overcome any related foreseeable tax changes seamlessly.
[Reference: https://www.arabtimesonline.com/news/new-15-tax-to-affect-350-foreign-firms-and-20-kuwaiti-companies/]
