ContractAgreement for the Avoidance of Double Taxation • May 10th, 2025
Contract Type FiledMay 10th, 2025AGREEMENT BETWEENTHE GOVERNMENT OF THE REPUBLIC OF INDONESIA ANDTHE GOVERNMENT OF THE STATE OF KUWAIT FOR THE AVOIDANCE OF DOUBLE TAXATIONAND THE PREVENTION OF FISCAL EVASION WITH RESPECT TO TAXES ON INCOME AND ON CAPITAL The Government of the Republic of Indonesia and the Governmenet of the State of Kuwait; Desiring to promote their mutual economic relations by removing fiscal obstacles through the conclusion of an agreement for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on income and capital; Have agreed as follows: Article 1 PERSONAL SCOPE This Agreement shall apply to persons who are residents of one or both of the Contracting States. Article 2 TAXES COVERED 1. This Agreement shall apply to taxes on income and on capital imposed on behalf of a Contracting State, or of its political subdivisions or local authorities thereof, irrespective of the manner in which they are levied. 2. There shall be regarded as taxes on income and on cap