Kazakhstan, Saudi Arabia signed convention on double taxation avoidance
08:58, 8 June 2011
ASTANA. June 8. KAZINFORM /Serik Sabekov/ Kazakhstan and Saudi Arabia signed convention on double taxation avoidance and prevention of fiscal evasion with respect to taxes on income.
The document was inked by Kazakh Finance Minister Bolat Zhamishev and his Saudi colleague Ibrahim al-Assaf.
"The convention will be useful, especially in the sphere of investment, because in Saudi Arabia there are people willing to invest in Kazakhstan's economy," the Saudi Minister said during the signing ceremony in Astana.