Kazakhstan's State Revenue Committee recently issued a release regarding the deductibility of charitable donations (assistance). For the purpose of calculating corporate income tax, it is explained that taxpayers are entitled to deduct charitable donations up to a total amount equal to 3% of taxable income for large taxpayers and 4% of taxable income for all other taxpayers. The deduction is available in respect of expenses incurred for the provision of charitable assistance, as well as expenses in the form of donated property to a non-profit organization. The release further explains that charitable donations received by a non-profit organization are exempt...