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Tax payments of Kazakh cars manufacturers exceed $6M

Finance Materials 17 July 2019 13:30 (UTC +04:00)

Baku, Azerbaijan, July 17

By Nargiz Sadikhova - Trend:

Total value of tax payments of cars manufacturers to the budget of Kazakhstan decreased by 37.9 percent in 1H2019 and amounted to 2.45 billion tenge ($6.381 million), Trend reports with reference to the press office of KazAutoProm Association.

“The largest percentage of tax payments accounts for Asia Auto plant. During 1H2019, the plant paid 1.17 billion tenge of tax, which is almost half of the payments (47.8 percent) during the reporting period,” the report said.

“Furthermore, tax payments of KAMAZ Engineering decreased by 9.8 percent compared to the same period of last year and amounted to 632.7 million tenge,” the statement said.

“Kostanay plant SaryarkaAutoProm decreased tax payments to the budget in half and paid 309.7 million tenge of tax during the reporting period,” the press office said.

(1 USD = 383.94 KTZ on July 17)

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