TAX NEWS - DECEMber 2009
Estonia tax, Kazakhstan tax and OECD tax in brief
Kazakhstan - Kazakhstan has postponed the previously enacted reduction in the corporate income tax rate. The tax rate will remain a flat rate of 20% until 2013 and will reduce to 17.5% in 2013, and 15% in 2014.
OECD - The OECD has released a discussion draft on "The Granting of Treaty Benefits with respect to the Income of Collective Investment Vehicles," proposing changes to the discussion in the Commentary to the OECD model treaty of the extent to which either CIVs or their investors are entitled to treaty benefits on income received by the CIVs.