DEATH OF EXCHANGE

Forex-Money_ultra_HD

I just heard from a friend that expatriates have to pay a certain percent as a tax in order to transfer money to their respective countries.

The new law  states that if less than 100  Kuwaiti Dinars are  transferred then two percent of the amount  is charged as a tax, four percent if the amount ranges from KD 100 to KD 499  and five percent for transfer above 500 Kuwaiti Dinars.(Source)

Posted By: Ruwaishid

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