ANNOUNCEMENT 13 Jul 2010

In July 2010, the government of Kazakhstan announced a change in export taxation.

NUMBER OF INTERVENTIONS

1

  • 1 harmful
  • 0 neutral
  • 0 liberalising

SOURCE

Official Sources:
О внесении изменений и дополнений в постановление Правительства Республики Казахстан Правительство Республики Казахстан ПОСТАНОВЛЯЕТ: от 15 октября 2005 года № 1036
http://www.kazpravda.kz/_pdf/july10/160710law.pdf

ПОСТАНОВЛЕНИЕ ПРАВИТЕЛЬСТВА РЕСПУБЛИКИ КАЗАХСТАН ОТ 15 ОКТЯБРЯ 2005 ГОДА № 1036
http://keden.kz/ru/zakon.php?id=14639

Secondary sources in English:

http://neftegaz.ru/en/news/view/95849
http://www.bloomberg.com/news/2010-07-20/oil-in-kazakhstan-may-be-too-rich-for-tax-to-deter-chevron-energy-markets.html

Inception date: 13 Aug 2010 | Removal date: open ended
Still in force

Export tax

On 13 July 2010, the Kazakhstani Government (according to Decree No. 709) introduced a duty at the amount of $20 per tonne on crude oil exports (4-digit code 2709). It also increased the introduced by Decree No. 1036 of 15 October 2005 export duties of oil distillates (4-digit code 2710) from $64.9 to $66.47 or $99.71 per tonne, and from $43.3 to $66.47. 
 
This state measure comes into effect 30 days after its official publication.

AFFECTED SECTORS

 
120 333

AFFECTED PRODUCTS

 
270900 271012 271019