On 12 June 2014, a new Kazakhstani tax holiday for qualifying investment projects was signed into law. The holiday applies to fixed asset investment projects contracted with the Kazakhstani government. The benefits of the holiday include: A 10-year corporate income tax and land tax exemption An 8-year property tax exemption for fixed assets built in connection with the * investment project A rate freeze for levies and other mandatory charges in effect when the investment contract is concluded with the government, excluding value added tax and excise tax rates The corporate tax exemption applies from 1 January of the year...