Kazakh Approach to the VAT/GST for Electronically Supplied Goods and Services
In January 2022, Kazakhstan introduces the obligation on the VAT payment by foreign companies that are engaged in e-commerce with goods or provide e-services to individuals. The Law, dated 10 December 2020, No. 382-VI supplemented the Code of the Republic of Kazakhstan ‘On Taxes and Other Obligatory Payments to the Budget’ (hereinafter - the ‘Tax Code’)’ with a new ‘Section 25. Features of Taxation of Foreign Companies When Engaging in E-Commerce with Goods, Providing E-Services to Individuals’.
The changes prescribed by the decision of the Council of Ministers on 31 January 2018 came into force 10 February 2018.
What to expect from the amendments in land legislation?
On 29 November 2017 the deputies of the Mazhilis of the Parliament of the Republic of Kazakhstan approved in the first reading draft law "On Amendments and Additions to Certain Legislative Acts of the Republic of Kazakhstan Regarding Regulation of Land Relations" (hereinafter referred to as the "Draft Law"), developed following the work of the Commission on Land Reform.
Administrative liability of manufacturers, contractors and sellers in Russia: legal developments
On 30 July 2017, amendments to the Code of Administrative Violations of the Russian Federation introduced by the Federal Law No. 175-FZ dated 18 July 2017, came into force. The amendments establish special administrative liability for the failure of the manufacturer (contractor, seller, or a person acting as a foreign manufacturer) to take measures for harm prevention in case of circulation products that do not meet the requirements of technical regulations.
Azerbaijan adopts legislation to promote high-growth in non-oil sector and expand export opportunities
President of the Republic of Azerbaijan signed a decree on “additional measures with regard to strengthening the position of the Republic of Azerbaijan as Digital Trade Hub and expansion of foreign trade transactions” on February 22, 2017.