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Kazakhstan Draft Tax Code Reform to be Finalized in July

16 June 2017

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Proposed Changes

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Kazakhstan

According to a recent announcement from the lower house of the Kazakh parliament (the Mazhilis), discussions are ongoing for planned reforms of the country's tax code with a draft version of the reforms to be finalized in July 2017 as a single bill. Reforms of the tax code have been under discussion for over a year ({News-2016-04-27/P/2- previous coverage}) and are meant to improve tax administration and collections, while creating more favorable conditions for business. The reforms are also being driven by Kazakhstan's accession to the WTO and the related obligations, as well as its participation in the BEPS inclusive...