22.11.2006, 16:45 2662

Parliament ratified amendments to tax law

Astana. November 22. Kazakhstan Today - Today at the plenary session Majilis deputies ratified the amendments of the senate to the bill On amendments and additions to Kazakhstan acts concerning taxation," the agency reports.

The law is considered adopted and will be transferred to the Head of the State.

As it was informed earlier, the bill is directed at optimization of tax administration and strengthening tax control over the subjects, differing by the raised risk of evasion from taxation and simultaneously on liberalization of tax procedures.

Senators by their changes excluded the amendment to Kazakhstan act concerning sanctions for fulfillment of fraudulent export as the punishment for the crime is provided in clauses 177 (fraud) and 192 (fraudulent entrepreneurship).

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