Kazakh Mazhilis starts work on new Tax Code draft

Kazakh Mazhilis starts work on new Tax Code draft

Members of the Mazhilis, a Lower House of the Kazakh Parliament, have begun working on the draft of the new Tax Code. Notably, President Kassym-Jomart Tokayev has instructed to postpone its adoption until 2025 to ensure thorough preparation of all 822 provisions. They include, among other things, reducing the number of taxes and other mandatory budget payments, simplification of special tax regimes, revision of approaches to monitoring and analyzing the provision of tax benefits, as well as measures to improve tax administration.

«The accompanying draft law has been developed to ensure that the legislation aligns with the draft of the new Tax Code. It provides for amendments and additions to three codes and 19 laws of Kazakhstan,» said Tatyana Savelyeva, member of Mazhilis, Lower House of Kazakh Parliament.

Kazakhstan to enhance measures to protect consumer rights

Additionally, Kazakhstan plans to strengthen consumer protection, particularly by establishing an ombudsman institution. The redrafted bill, including amendments, has been approved by the Mazhilis members in the first reading. The new measures focus on ensuring the safety of the consumer market on electronic trading platforms. The MPs propose to equate them with facilities such as stores and shopping centers, thus allowing for the administrative accountability of online business representatives.

«To ensure consistency with the main draft law, the accompanying draft law provides for amendments and additions to the Civil Code and the Civil Procedure Code, as well as to five laws including on transportation, tourism, trade regulation, access to information, and natural monopolies. The draft laws have been approved by all government bodies, including the Prosecutor General’s Office and the Supreme Court,» said Arman Shakkaliyev, Kazakh Minister of Trade and Integration.