Majilis Passes Reforms Aimed at Simplification and Differentiated Rates
Deputies in Kazakhstan’s Majilis (lower house of parliament) have approved a new Tax Code in its second reading, introducing significant changes aimed at simplifying the system and adjusting tax rates across various sectors. The reforms include setting the standard Value Added Tax (VAT) rate and outlining phased increases for excise duties on alcohol, tobacco, and heated tobacco products (HTPs).
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