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Kazakhstan Strengthens Restriction on Dividend Withholding Tax Exemption

|Approved Changes|Kazakhstan
Kazakhstan

According to recent reports, Kazakhstan has introduced a new provision in the Tax Code to clarify restrictions on the withholding tax exemption for dividends paid to non-resident individuals and companies. The clarification is made in relation to the restriction on the exemption where dividends are paid by companies enjoying corporate income tax exemptions. The restriction essentially provides …

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