Kazakhstan, Astana, Dec. 19/ corr. Trend K. Konirova/ The present price cutting for oil is temporary, Daulet Ergojin, chairman of tax committee of the Kazakh ministry of finance, said.
"We think oil prices will be corrected after taking appropriate actions by the United States and in connection of last decision of OPEC to reduce volumes of output," Ergojin said answering the questions of media.
There isn't any obvious indication to reduce tax burden for extractive branches, he said.
Contracts for output are concluded for long terms from 10 to 30 years. So, growth and recession are possible within this period. Corrections in taxes are possible depending on the situation," head of tax committee said.
Changes in market prices for energy carriers are taken into account in new Kazakh tax code, Ergojin said.
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