{"id":41666,"date":"2024-04-15T09:19:49","date_gmt":"2024-04-15T06:19:49","guid":{"rendered":"https:\/\/f-chain.com\/?p=6566"},"modified":"2024-04-15T09:19:49","modified_gmt":"2024-04-15T06:19:49","slug":"kazakhstan-important-updates-in-frames-of-transfer-pricing-az","status":"publish","type":"post","link":"https:\/\/az.f-chain.com\/az\/kazakhstan-important-updates-in-frames-of-transfer-pricing-az\/","title":{"rendered":"KAZAKHSTAN: IMPORTANT UPDATES IN FRAMES OF TRANSFER PRICING"},"content":{"rendered":"<div class=\"wpb-content-wrapper\"><p>[vc_row][vc_column][vc_column_text]The Head of the Republic signed the Law of the Republic of Kazakhstan &#8220;On introducing amendments and additions to some legislative acts of the Republic of Kazakhstan on transfer pricing&#8221;.<\/p>\n<p>The Law revises mechanisms for determining the market price, introduces transfer pricing controls at commodity exchanges, expands the criteria for recognizing parties to a transaction as interrelated, and introduces an obligation for parties to transactions with interrelated non-resident persons to submit local reporting.<\/p>\n<p>The purpose of the adopted amendments is to determine the fair market price and prevent the loss of revenues to the state budget, reduce administrative costs of the auditing authorities and taxpayers in conducting transfer pricing control.<\/p>\n<p>&nbsp;<\/p>\n<p style=\"text-align: right\"><em>Article is prepared by Ekaterina Kassumova,<\/em><\/p>\n<p style=\"text-align: right\"><em>Director of FChain Kazakhstan<\/em><\/p>\n<p style=\"text-align: right\"><em>11<\/em><em><sup>th<\/sup><\/em><em> of April 2024<\/em><\/p>\n<p>&nbsp;<\/p>\n<p>[\/vc_column_text][\/vc_column][\/vc_row]<\/p>\n<\/div>","protected":false},"excerpt":{"rendered":"<p>[vc_row][vc_column][vc_column_text]The Head of the Republic signed the Law of the Republic of Kazakhstan &#8220;On introducing amendments and additions to some legislative acts of the Republic of Kazakhstan on transfer pricing&#8221;. The Law revises mechanisms for determining the market price, introduces transfer pricing controls at commodity exchanges, expands the criteria for recognizing parties to a transaction<\/p>\n","protected":false},"author":1,"featured_media":47772,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[20,21,22],"tags":[],"class_list":["post-41666","post","type-post","status-publish","format-standard","hentry","category-feautured-post-ru","category-news-ribbon-ru","category-press-releases-ru"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.3 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>KAZAKHSTAN: IMPORTANT UPDATES IN FRAMES OF TRANSFER PRICING - FChain<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/az.f-chain.com\/\" \/>\n<meta property=\"og:locale\" content=\"az_AZ\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"KAZAKHSTAN: IMPORTANT UPDATES IN FRAMES OF TRANSFER PRICING - FChain\" \/>\n<meta property=\"og:description\" content=\"[vc_row][vc_column][vc_column_text]The Head of the Republic signed the Law of the Republic of Kazakhstan &#8220;On introducing amendments and additions to some legislative acts of the Republic of Kazakhstan on transfer pricing&#8221;. The Law revises mechanisms for determining the market price, introduces transfer pricing controls at commodity exchanges, expands the criteria for recognizing parties to a transaction\" \/>\n<meta property=\"og:url\" content=\"https:\/\/az.f-chain.com\/\" \/>\n<meta property=\"og:site_name\" content=\"FChain\" \/>\n<meta property=\"article:published_time\" content=\"2024-04-15T06:19:49+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/az.f-chain.com\/wp-content\/uploads\/2024\/04\/download-1024x768.png\" \/>\n\t<meta property=\"og:image:width\" content=\"1024\" \/>\n\t<meta property=\"og:image:height\" content=\"768\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"author\" content=\"sdenisenko\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/az.f-chain.com\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/az.f-chain.com\\\/\"},\"author\":{\"name\":\"sdenisenko\",\"@id\":\"https:\\\/\\\/az.f-chain.com\\\/#\\\/schema\\\/person\\\/8d4dfc39f27e9845e4646d167bb4d61d\"},\"headline\":\"KAZAKHSTAN: IMPORTANT UPDATES IN FRAMES OF TRANSFER PRICING\",\"datePublished\":\"2024-04-15T06:19:49+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/az.f-chain.com\\\/\"},\"wordCount\":147,\"image\":{\"@id\":\"https:\\\/\\\/az.f-chain.com\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/az.f-chain.com\\\/wp-content\\\/uploads\\\/2024\\\/04\\\/download.png\",\"articleSection\":[\"Feautured post\",\"News ribbon\",\"Press releases\"],\"inLanguage\":\"az\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/az.f-chain.com\\\/\",\"url\":\"https:\\\/\\\/az.f-chain.com\\\/\",\"name\":\"KAZAKHSTAN: IMPORTANT UPDATES IN FRAMES OF TRANSFER PRICING - FChain\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/az.f-chain.com\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/az.f-chain.com\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/az.f-chain.com\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/az.f-chain.com\\\/wp-content\\\/uploads\\\/2024\\\/04\\\/download.png\",\"datePublished\":\"2024-04-15T06:19:49+00:00\",\"author\":{\"@id\":\"https:\\\/\\\/az.f-chain.com\\\/#\\\/schema\\\/person\\\/8d4dfc39f27e9845e4646d167bb4d61d\"},\"breadcrumb\":{\"@id\":\"https:\\\/\\\/az.f-chain.com\\\/#breadcrumb\"},\"inLanguage\":\"az\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/az.f-chain.com\\\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"az\",\"@id\":\"https:\\\/\\\/az.f-chain.com\\\/#primaryimage\",\"url\":\"https:\\\/\\\/az.f-chain.com\\\/wp-content\\\/uploads\\\/2024\\\/04\\\/download.png\",\"contentUrl\":\"https:\\\/\\\/az.f-chain.com\\\/wp-content\\\/uploads\\\/2024\\\/04\\\/download.png\",\"width\":2048,\"height\":1536},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/az.f-chain.com\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/az.f-chain.com\\\/az\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"KAZAKHSTAN: IMPORTANT UPDATES IN FRAMES OF TRANSFER PRICING\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/az.f-chain.com\\\/#website\",\"url\":\"https:\\\/\\\/az.f-chain.com\\\/\",\"name\":\"FChain\",\"description\":\"Azerbaijan\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/az.f-chain.com\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"az\"},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/az.f-chain.com\\\/#\\\/schema\\\/person\\\/8d4dfc39f27e9845e4646d167bb4d61d\",\"name\":\"sdenisenko\",\"sameAs\":[\"https:\\\/\\\/newaz.f-chain.com\"]}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"KAZAKHSTAN: IMPORTANT UPDATES IN FRAMES OF TRANSFER PRICING - FChain","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/az.f-chain.com\/","og_locale":"az_AZ","og_type":"article","og_title":"KAZAKHSTAN: IMPORTANT UPDATES IN FRAMES OF TRANSFER PRICING - FChain","og_description":"[vc_row][vc_column][vc_column_text]The Head of the Republic signed the Law of the Republic of Kazakhstan &#8220;On introducing amendments and additions to some legislative acts of the Republic of Kazakhstan on transfer pricing&#8221;. 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