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Putin Backs Ratification Of WTO Commitments This Year 5/14/2012 Russia's new President, Vladimir Putin has dismissed calls to delay the nation's
accession to the World Trade Organisation.
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Offshore Aspects Of Russian 'Superbank' Merger 3/19/2012 The Jersey office of Walkers, the leading international law firm, has advised on the multi-jurisdictional aspects of the USD1bn merger between Sberbank and Troika Dialog, which will create a Russian 'superbank'.
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UK Drops In Tax Competitiveness Index 11/17/2011 While the UK has a competitive tax system it risks being overtaken by other economies easing tax burdens for businesses, according to a new report from PwC.
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Russian WTO Accession Terms Published 11/16/2011 The World Trade Organization has published comprehensive details of the tax and trade commitments made
by Russia as part of its accession bid, due to be deliberated upon at the WTO Ministerial Plenary in December at which Russia is tipped to be granted membership to the global trade
body.
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EFTA And CURBK Hold Free Trade Talks 9/6/2011 Delegations from the European Free Trade Association states, Switzerland, Iceland, Norway and Liechtenstein,
and the Customs Union of Russia, Belarus and Kazakhstan, have held further negotiations
towards a broad-based Free Trade Agreement in meetings in Geneva.
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EFTA Unveils Progress On FTAs 6/23/2011 Following a recent gathering of European Free Trade Association ministers
in Schaan, the Liechtenstein administration announced details of the signing of
a free trade agreement with Hong Kong.
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Spain Gazettes Two DTAs 6/9/2011 Spain has issued official bulletins paving the way for the implementation of two new double tax agreements, with Georgia and Kazakhstan.
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EFTA Nears FTA With Ex-Soviet Customs Union 4/20/2011 Delegations from the EFTA states (Switzerland, Liechtenstein, Norway
and Iceland) and the customs union of Russia, Belarus and Kazakhstan held the second round of negotiations towards a broader
Free Trade Agreement on April 11-13, in Almaty, Kazakhstan.
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Ukraine At Trade Crossroads 4/13/2011 As Russia
attempts to lure the Ukraine into joining a proposed four-country economic bloc with promises of cut-price oil, Ukrainian authorities must decide whether to forgo an EU-Ukraine trade pact, being negotiated currently, or look to Russia, Kazakhstan and Belarus, for future economic and trade cooperation.
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NZ To Negotiate FTA With E. European Customs Union 11/17/2010 New Zealand’s Prime Minister, John Key has announced that negotiations on
a free trade agreement between New Zealand and Russia, Belarus and Kazakhstan
will start early next year.
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Kazakhstan Increases Tobacco Duties 11/15/2010 The Kazakh parliament has approved a bill which will raise substantially the excise tax levied on cigarettes.
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Kazakhstan Defers Corporate Tax Cut 11/5/2010 Kazakhstan has put a stop on its tax cutting plans because of revenue concerns.
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Karachaganak Oil Consortium Under Tax Scrutiny 10/21/2010 A tax investigation by Kazakhstan's ministry of finance has brought into question the validity of certain expenses deducted against tax by the Karachaganak Petroleum Operating consortium.
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Switzerland, Kazakhstan Sign Double Taxation Agreement 9/10/2010 Swiss finance minister Hans-Rudolf Merz and his Kazakh counterpart, Bolat Zhamishev, have signed a protocol to amend the double taxation agreement in the area of taxes on income and capital, in Astana.
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Kazakhstan Miners Slam Export Tax Plans 8/10/2010 The Kazakhstan Association of Mining and Metallurgical Enterprises has criticized the introduction of a minerals export tax, which was announced in July at the Second Congress of the Mining and Metallurgical Industry in Astana. It said its members advised that an additional profits based tax would be preferable.
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Kazakhstan Reinstates Oil Export Duty 7/15/2010 Kazakhstan has reinstated oil export taxes with a tariff of USD20 per tonne of crude oil exported from the Central Asian nation.
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Russia Continues Crisis Tax On Car Imports 7/13/2010 Russia will retain crisis import duties of 30-35% on new and used cars until 2012 or longer.
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Ex-Soviet States Create Customs Union 7/8/2010 After some last minute brinkmanship, Belarus has ratified the establishment of a Customs Union with Russia and Kazakhstan.
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Belarus Postpones Customs Union 6/15/2010 Belarus has postponed the establishment of a Customs Union with Russia and Kazakhstan, who are likely to proceed without Belarus as the Union is scheduled to come into being on July 1, 2010.
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New Zealand, Russia To Study FTA 6/2/2010 New Zealand’s Trade Minister, Tim Groser, has announced that New Zealand
and Russia, together with the latter’s Customs Union partners of Belarus
and Kazakhstan, have agreed to begin laying the groundwork for the formal commencement
of negotiations for a free trade agreement.
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EC Concerned At Rising Protectionism 6/1/2010 The European Union’s major trade partners have put almost 280 trade restrictive
measures in place over the last 18 months, despite
pledges to tackle protectionist trade policies, according to a new report published
on May 28 by the European Commission.
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Russia Links Tariffs To WTO Entry 4/15/2010 Russian deputy prime minister Igor Shuvalov, on a visit to Brussels to meet European leaders, has linked a reduction of its heavily criticized tariff hikes with accession to the World Trade Organization.
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Tax Authorities Pursue More Revenue From Multinationals 3/25/2010 Headlined tax compacts, such as the recent AstraZeneca GBP505m settlement in respect of transfer pricing adjustments, strengthen the ambitions of tax authorities around the World to repair their tax deficits with further squeezes on multi-national companies.
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Kazakhstan Transfer Pricing Law Passed 3/18/2010 The Kazakhstan parliament has passed in its second reading a bill on amendments and additions to the Law on Transfer Pricing.
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