New Kazakhstan Tax Code Presented to Parliament

On 21 September 2017, a draft version of a new tax code was presented to the finance and budget committee of the lower house of the Kazakh parliament (the Mazhilis) for consideration. As presented by Deputy Minister of National Economy, Ruslan Dalenov, some of the main aspects of the new tax code include:

• Fairer treatment for tax disputes and audits:
  • All ambiguities and inaccuracies will be interpreted in favor of taxpayers in order to treat tax disputes more fairly
  • Tax-related fines and p…