OREANDA-NEWS.  December 26, 2014. Draft Law "On Ratification of the Agreement between Government of the Republic of Kazakhstan and State Government of Qatar for the avoidance of double taxation and prevention of tax avoidance with respect to taxes on income and the Protocol thereto" has been approved at the plenary session of the Majilis.

"The purpose of this Agreement is to strengthen and expand economic cooperation between Kazakhstan and Qatar by creating an enabling environment for investment. The agreement provides for the elimination of double taxation of legal entities and individuals who are residents of Contracting State," Kazakh Finance Minister Bakhyt Sultanov said, submitting the bill.

According to him, the Agreement also provides for the exchange of information between the competent authorities of the Contracting States".