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Senate of the Parliament
of the Republic of Kazakhstan

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Amendments to the Tax Code are being discussed in the Senate

24.11.2021 71

At an expanded meeting of the Senate Finance and Budget Committee, deputies discussed the draft law "On Amendments and Additions to the Code of the Republic of Kazakhstan "On Taxes and Other Mandatory Payments to the Budget" (Tax Code) and the Law of the Republic of Kazakhstan "On the Enactment of the Code of the Republic of Kazakhstan "On Taxes and Other Mandatory Payments to the Budget" (Tax Code).

The draft Law was developed in order to implement the instructions of the Head of State to support businesses and citizens, as well as measures to improve tax administration, which are aimed at countering the shadow economy.

It is expected that this bill will have a positive effect on the development of the business environment, will simplify tax administration, and will also create a favorable business climate and conditions for further stable socio-economic development of the country.

Following the meeting, the Committee members decided to submit the bill to the Chamber for consideration.

(Senate Media Office, 74-72-27 Photo by- Ye. Ukibayev)

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