Uzbekistan signs Decree PP-2971 to ratify amending DTA protocol with Kazakhstan
The President of Uzbekistan, Mr. Shavkat Mirziyoyev signed a Decree PP-2971 on 18th of May 2017 for ratifying the amending protocol of Double Taxation Agreement (DTA) with
See MoreKazakhstan, Ireland sign the DTA
On 26th of April 2017, the Double Taxation Agreement (DTA) between Ireland and Kazakhstan was signed by the Governments of Kazakhstan and Ireland for the avoidance of double taxation and prevention of tax evasion concerning income taxes. From the
See MoreKazakhstan: Decree No. 56 amends to specific customs levies
The Governmental Decree No. 56 of 13th February 2017 amends provisions on the specific customs levies that apply in addition to customs duties. For the first customs declaration, specific customs duties of KZT 25,000 apply and then KZT 11,000 for
See MoreKazakhstan, Slovenia DTA enter into force
A Double Tax Agreement of 2016 between Kazakhstan and Slovenia has entered into force on 30th of December 2016. It has been applicable from 1st of January
See MoreKazakhstan: List of priority business activities to be performed within SEZs
The Government Resolution No. 10 has been published on 24th January 2017 regarding priority business activities within Special Economic Zones (SEZs) in the Government Legal Database Adilet. In accordance with the latest legislation, a company
See MoreIndia: Protocol to the treaty with Kazakhstan
India and Kazakhstan signed an amending protocol to the India – Kazakhstan Income and Capital Tax Treaty (1996), in New Delhi on 6 January 2017. The treaty provides for the avoidance of double taxation and the prevention of fiscal evasion with
See MoreDTA between Kazakhstan and Slovenia ratified
The President of Kazakhstan has signed the Income and Capital Tax Treaty (2016) between Kazakhstan and Slovenia on 30th December 2016 for avoiding double taxation. This has been ratified by
See MoreDTA between Kazakhstan and Serbia enters into force
The Income and Capital Tax Treaty (2015) between Kazakhstan and Serbia entered into force on 24th November 2016 and generally applies from 1st January
See MoreKazakhstan: Law introducing tax amendments signed by president
The President of Kazakhstan has signed a Law entitled “Law No. 26-VI” on 30th November 2016 that introduces changes to the tax legislation. The Economic Ministry declared that the Senate had adopted a draft law (in
See MoreKazakhstan: Draft law introducing tax amendments adopted
The Ministry of Economy has announced on 17th November 2016 that the Senate had adopted a draft law (draft Law No. 26-VI; in Russian) introducing changes to the tax legislation. This draft law is sent to the President for signing and contains the
See MoreKazakhstan: Customs duty rate for exported bitumen lowered
The State Legal Database has published an Order No.441 of Ministry of Economy on 4th November 2016 in Russian language, which reduces the customs duty rate from $60 per ton to $15 per ton for exported bitumen. Additionally, exported bitumen is
See MoreKazakhstan: Plans to consolidate Tax Code and Customs Code postponed until 2017
The Prime Minister has made a declaration on 24th May 2016 that the policies to consolidate the Tax Code and Customs Code into one single code will be postponed until
See MoreKazakhstan: MoJ approves plans to consolidate tax code and customs code
The Ministry of Justice has approved plans on 5th April 2016 that are aimed at consolidating the Tax Code and the Customs Code into one single code. Note that, Kazakhstan became a member of the WTO on 30 November 2015. These plans will be effective
See MoreKazakhstan: Capital gains resulting from transfer to charter capital of legal entity are exempted
The State Revenue Committee published a press release on 1st April 2016 describing the amendments to the taxation of property transactions conducted by individuals. According to the release, the amendments were introduced by Law No. 412-V of 18
See MoreDTA between Kazakhstan and Serbia ratified
The Income and Capital Tax Treaty (2015) between Kazakhstan and Serbia was ratified by Serbia on 16th November 2015. The treaty was signed on 28th August
See MoreKazakhstan: IMF report comments on economic and fiscal position
The IMF staff issued a report on the conclusion of discussions in Kazakhstan under Article IV of the IMF’s articles of agreement. The economy has recently declined sharply owing to challenges such as the lower oil price and the slowdown in Russia
See MoreKazakhstan: Senate adopts bill introducing mandatory social health insurance
The Senate has adopted a bill on 29th October 2015 that introduces mandatory social health insurance contributions. It was sent to Senate on 8th October
See MoreKazakhstan: Amendment to the deductibility of charitable donations
The Senate has passed a bill on 22nd October 2015 that changes the deductibility of charitable donations. In accordance with the bill, the deduction of charitable donation by companies and individual entrepreneurs will be limited to the following
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