The New Law of the Republic of Kazakhstan on Transfer Pricing Application Problems
Article from: OGEL 2 (2010), in Kazakhstan
Introduction
On January 1st 2009, the new Law of the Republic of Kazakhstan "On Transfer Pricing" No. 67-IV dated 5 July 2008, was enacted (hereinafter - "the Law"). In light of the increasing state control over the business sector of Kazakhstan, particularly close state attention is being paid to transfer pricing control. Control over transfer pricing is a special kind of control that is different from the normal tax audit and requires a special approach when performing control over international business operations. The main objective of transfer pricing control is to deal ...