Middle East Economic Survey

VOL. LII

No 15

13-Apr-2009

CASPIAN

Kazakh Petroleum Association Protests At Proposed Tax Changes

The Kazakh Petroleum Association (KPA), representing almost 60 international and local energy companies, has sent a letter of protest to Prime Minister Karim Massimov and Minister of Energy and Mineral Resources Sauat Mynbayev in response to the governments proposed 2009 tax code. The new code calls for the removal of tax stability agreements that protect investors from tax...