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Kazakhstan Tax Code Amendments Approved Including VAT, Loan Taxation, and other Changes

|Approved Changes|Kazakhstan
Kazakhstan

On 30 November 2016, Kazakhstan President Nursultan Nazarbayev reportedly signed legislation approved by the Senate on 17 November that introduces amendments to the Tax Code regarding taxation and customs administration. Some of the main amendments include:

  • A reduction in the value added tax (VAT) registration threshold as follows:
    • 30,000 MCI for 2017 maintained (MCI - monthly calculation inde…

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