The Republic of Kazakhstan possesses significant reserves of oil and gas, which means the oil and gas industry holds the leading position in the structure of the national economy. Therefore the tax system in this sector needs to provide stability, transparency and progressivity,, take into account the general global situation and encourage investment.

International practice has shown that the creation of an effective tax system for the natural resources sector is a complicated task. As […]

It’s increasingly common for U.S. companies to ask employees to work abroad. That usually means dealing with two tax codes. But companies recognize many employees won’t accept foreign assignments if it means higher taxes. So, most firms that move U.S.-based employees provide either tax equalization or tax protection:

Equalization: Pay is adjusted up or down so the employee’s after-tax income is no different than it would have been had she continued working in the U.S;
Protection: […]