Kazakh Ministry Submits Tax Code Amendments to Parliament, Proposing 16% VAT

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Kazakh Ministry Submits Tax Code Amendments to Parliament, Proposing 16% VAT

The Astana Times provides news and information from Kazakhstan and around the world. ASTANA – The Kazakh Ministry of National Economy submitted a package of amendments to the draft Tax Code to the Mazhilis, a lower house of Parliament, on Feb. 20. The changes, aimed at improving tax administration, included the increase in the value-added tax (VAT) rate from 12% to 16%. Photo credit: Shutterstock The ministry’s press service clarified that a red…