Senate ratified Convention on double taxation avoidance between Kazakhstan and Armenia

ASTANA. November 25. KAZINFORM /Muratbek Makulbekov/ The Senate of the Kazakh Parliament adopted the Law "On ratification of the Convention between the Governments of Kazakhstan and Armenia on Avoidance of Double Taxation and the Prevention of Fiscal Evasion with Respect to Taxes on Income and Capital and the Protocol to it".

According to Minister of Finance Bolat Zhamishev, who presented the draft Law, the trade turnover between Kazakhstan and Armenia in January-September 2010 made USD 4.7 mln including USD 2.4 mln of the Kazakh export and USD 2.3 mln of the Armenian import.