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Kazakhstan retains tax code, plans targeted business adjustments

Kazakhstan retains tax code, plans targeted business adjustments

Kazakhstan will maintain its current tax code, according to LSM.kz. However, targeted adjustments for businesses are anticipated. This decision comes amid ongoing economic evaluations.

Tax Code Stability

The Kazakh government has decided to keep the existing tax code unchanged, as reported by LSM.kz. This decision aims to provide stability for businesses operating in the country. The current tax code has been in place since 2017, and any changes could impact the fiscal environment.

Targeted Business Adjustments

Despite the unchanged tax code, the government plans to implement targeted adjustments for businesses. These adjustments are expected to address specific industry needs and improve economic efficiency. The Ministry of Finance is leading these efforts, with consultations involving major business associations.

What's Next

The Ministry of Finance is expected to announce specific adjustments in the coming weeks. It remains unclear how these changes will affect various sectors.

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Kazakhstan retains tax code, plans targeted business adjustments