Kazakhstan Considers Tax Breaks for Foreign Investors Trading Bonds
Summary
Kazakhstan plans to ease tax rules for foreign investors buying and selling quasi-public sector bonds.
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Kazakhstan is looking to introduce tax relief and streamline regulations for foreign investors trading debt instruments issued by quasi-public sector companies.
The proposal was discussed during a meeting of the Tax Code implementation project office, led by Deputy Prime Minister and Minister of National Economy Serik Zhumangarin.
The initiative comes as Kazakhstan actively expands the list of domestic securities accessible through international central securities depositories Euroclear and Clearstream.
Source: Kursiv
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