Admissible for credit under the agreement
The corporate income tax.
Inadmissible for credit under the agreement
The contributions from the net profits of Kuwaiti shareholding companies to the Kuwaiti Foundation for Advancement of Science.
Although these two taxes are covered by the agreement (Article 2), they are excluded from credit by the second subparagraphs (a) and (b) of paragraph 1 of Article 24 (Elimination of double taxation)