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VAT exemption for entrepreneurs who finance research, scientific and technical and development work

Exemption from CIT and VAT turnover will be granted to entrepreneurs who finance research, scientific and technical and development work (hereinafter referred to as R&D). The corresponding draft Law of the Republic of Kazakhstan “On making additions to the Code of the Republic of Kazakhstan “On taxes and other obligatory payments to the budget” (Tax Code) on issues of science and technology policy” was developed by the Science Committee of the Ministry of Science and Higher Education.

Source: uchet.kz

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