Kazakhstan prepares new tax code amendments
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Kazakhstan's government has prepared a new package of amendments to the Tax Code, according to 24.kz. The changes aim to improve tax administration and stimulate economic activity.
The Amendments
The new package includes measures to simplify tax reporting for small businesses and introduce incentives for investment in priority sectors. Specific provisions target digital economy companies and agricultural producers. The government expects the changes to increase budget revenues by 2.5% annually.
Legislative Process
The draft will be submitted to the Majilis, the lower house of parliament, for consideration in September. Parliamentary committees are expected to hold public hearings before the first reading. The government aims to adopt the amendments by year-end.
What's Next
The Majilis is set to review the draft in September. It remains unclear whether the amendments will face significant opposition from business groups or lawmakers.
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Kazakhstan prepares new tax code amendments
