Taxation in Kazakhstan

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Kazakhstan’s tenge jumped on Monday, gaining what was likely to be brief respite from recent sharp declines as local companies began converting dollars to meet monthly tax payments in the local currency.

A criminal investigation into alleged money-laundering by the son-in-law of Kazakhstan President Nursultan Nazarbaev has widened to include the president himself.

Saudi Arabia on Tuesday signed an agreement with Kazakhstan for the avoidance of double taxation and prevention of tax evasion. Finance Minister Ibrahim Al-Assaf signed the accord with his Kazakh counterpart during a ceremony in Astana.

The Kazakh Senate has adopted the Law “On ratification of the Convention between the Government of the Republic of Kazakhstan and the Government of the Kingdom of Spain for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on income and on capital and its Protocol” at a plenary […]

Today the Federal Council adopted the dispatches on six further double taxation agreements (DTAs), which will now be submitted to parliament for approval. The DTAs with India, Kazakhstan, Uruguay, Canada, Germany and Greece contain provisions on administrative assistance in accordance with the OECD standard and promote the development of bilateral economic ties.

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