Kazakhstan: Protocol to amend income tax treaty with Luxembourg

Kazakhstan: Protocol to amend income tax treaty

Kazakhstan has completed its ratification process for a Protocol to the income tax treaty with Luxembourg.

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The Protocol, once it enters into force, would revise the provisions on the taxation of dividends so that dividends distributed to a governmental entity or a national bank would be fully exempt from tax.

The Protocol would enter into force after the corresponding notifications about the completion of the ratification procedures are received, and the Protocol would be effective from the year following the year when the Protocol enters into force.
 

Read an October 2020 report [PDF 443 KB] prepared by the KPMG member firm in Kazakhstan

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