Kazakhstan Senate Considers Bill to Amend Tax Code

The Kazakhstani Senate Nov. 17 accepted for consideration Bill No. 4850, to amend the tax code. The bill includes measures to: 1) amend the deadlines for fulfilling the tax obligation to pay taxes, state duties, and fees; 2) submit the declaration of assets and liabilities at the place of residence by no later than Sept. 15 of the current year in which the obligation to submit the declaration arises; 3) exempt the turnover on the sale of digital assets from VAT; 4) provide the procedure for calculation, withholding, and payment of individual income tax from a lump sum pension payment; ...