Kazakhstan's Prime Minister Orders Proposals for Taxing Wealthy Citizens

Kazakhstan's Prime Minister Olzhas Bektenov has given ministries one month to develop proposals for taxing wealthy citizens. The Ministry of National Economy and the Ministry of Finance are tasked with studying international practices and preparing specific amendments for a new tax code. The initiative follows President Kassym-Jomart Tokayev's suggestion to discuss higher tax rates for major wealth holders.

Read the full article at Stan.kz →

Headline and summary written by daryo. The full report belongs to Stan.kz.