Kazakhstan's Ministry of the National Economy has launched a public consultation on draft amendments to the Tax Code. Some of the main measures include:
- Different corporate income tax rates for different sectors:
- 25% for the banking sector;
- 20% in general; and
- 10% for agricultural producers, financial leasing, and the "social sphere" (education, medicine, health care).
- Measures to stimulate reinvestment of profits in business development, including a mechanism to reduce or exempt corporat…