Nazarbayev introduces Kazakhstan investment tax break

Kazakhstan investment tax break: President Nazarbayev has announced that investors in Kazakhstan are to be given a 10-year exemption from corporate income tax. “We intend to create the most favourable climate for investors…to provide investment subsidies and a stable legislative framework, predictable tariffs and to simplify the labour market,” he told delegates at the opening of the 47th annual meeting of the Asian Development Bank. TREND