BAKU, Azerbaijan, February 15
By Nargiz Sadikhova - Trend:
Proposals to revise the rates of tax on the extraction in mining sector have been prepared in Kazakhstan, Trend reports citing the government.
The topic was discussed during the governmental meeting on February 15.
At the same time, proposals on changing excises for producers of petroleum products, benefits on dividends for subsoil users and the procedure for transfer pricing were also prepared.
During the meeting it was also noted that in order to increase the production of commodity and liquefied natural gas, as well as to create incentives for investors in the oil and gas sector, the government was instructed to introduce a package of relevant legislation within a month.
The issue is the development of the resource base. The main priority is the domestic market, including supplies of gas to enterprises, the government said.
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