Middle East Economic Survey

VOL. LIII

No 43

25-Oct-2010

CASPIAN

Karachaganak Partners To Be Fined For Tax Violations

Daulet Yergozhin, the head of Kazakhstans Tax Authority told Kazinform on 20 October that the Karachaganak Petroleum operating (KPO) consortium partners are likely to be fined for tax claims of several million dollars following a review of their records that has revealed discrepancies in transfer pricing, payments of value added taxes and corporate income taxes. Mr Yergozhin...