Kazakh citizens to pay more taxes for alcohol, tobacco and property

Kazakh citizens to pay more taxes for alcohol, tobacco and property

Baku, Azerbaijan, Nov. 21

By Elena Kosolapova - Trend:

The Kazakh Senate (parliament's upper chamber) passed a law increasing taxes on luxury goods, transport and property and excise taxes on tobacco and alcohol, Novosti-Kazakhstan reported on November 21.

The controversial law has roused urgent discussions in Kazakh forums.

"We have too big gap between the rich and the poor. Maybe this measure will bring them closer to each other," one guest user said at Tengrinews.kz website.

"You are right, Nursultan Abishevich (Nazarbayev). Millionaires should pay more," another user wrote.

However not all citizens support the initiative.

"The law is uncompromising and will create a base for tax evasion and thriving corruption," one of the website's users believes.

The opinions on the increase of excise taxes on tobacco and alcohol are also divided.

"Let's increase the excise taxes on alcohol. Maybe we will drink less," one of Tengrinews.kz proposes.

"I am for a fivefold increase in alcohol prices. The government acts rightly, to stop ruining your health," the other user said.

"It is a sin to drink alcohol," one more user added.

Meanwhile opponents of the new law contend that high excise taxes on alcohol will entail an increase in counterfeit alcohol production.

The excise rates for strong alcoholic beverages will be increased from 500 tenges ($3.3) to 1000 tenges ($6.6) in 2014, up to 1200 tenges ($7.8) in 2015 and up to 1600 tenges ($10.5) in 2016.
The issue of increasing the rates on low alcohol products is proposed for consideration in 2014.

The rate of excise duty on cigarettes will be increased from 3000 tenges (about $20) to 3900 tenges ($25.5) in 2015 and up to 5000 tenges ($32.7) in 2016.
With regard to the tax on luxury properties, the tax on real property worth over $1 million will be increased threefold.

The tax rate for cars with a 4000-5000 cubic centimetre engine capacity will be increased from the 117 to 130 monthly indexes (one monthly index = 1731 tenge or $11). The tax rate for cars with an engine capacity exceeding 5000 cubic centimetres will reach 200 monthly indexes. The new tax rate will be applied to vehicles purchased after January 1, 2014.

According to Kazakhstan's official statements, a gradual increase in excise taxes on strong alcohol and tobacco products is envisaged in order to discourage consumption of these socially harmful goods. Meanwhile taxes on luxury goods will swell the budget income and make the rich people direct their wealth towards the country's development.

The documents are being submitted to Kazakh President Nursultan Nazarbayev for signing. The tax increases were proposed by the president himself.

"It is necessary to impose indirect taxes on luxury goods, expensive cars and all sorts of evil passions such as alcohol and cigarettes and so on," the president said at the XV Congress of the Nur Otan Party, on October 18.

"We have created a class of wealthy citizens. This is good as it was our goal, deliberate policy. Now when the wealthy class expands, they can and should contribute towards social responsibility. This is common practice all over the world. Meanwhile in our country a millionaire and a worker pay the same 10 per cent income tax. We should think about it," he said.

Biden says $1,400 payments can start to go out this month
Biden says $1,400 payments can start to go out this month
U.S. Senate passes 1.9-trln-USD relief bill after marathon overnight session
U.S. Senate passes 1.9-trln-USD relief bill after marathon overnight session
U.S. administers 87.9 million doses of COVID-19 vaccines: CDC
U.S. administers 87.9 million doses of COVID-19 vaccines: CDC
Loading Bars
Latest
Health Minister: Only WHO approved vaccine to be imported
Turkey records dropping revenues from cement export to Georgia
Iran's customs releases more imported commodities
Turkmenistan shares data on GDP growth rate
New hazelnut processing plant to open in Azerbaijan’s Zagatala
New Zealand's Auckland emerges from lockdown, Australia starts AstraZeneca vaccinations
China exports jump 60.6% y/y in January-February, imports up 22.2%
Brazil registers 1,555 deaths from COVID-19 in 24 hours
Iran's trade, economic, political relations with neighboring countries to be developed
Ebola infects 29 people, kills 13 in Guinea, DRC: Africa CDC
UN chief condemns terrorist attack in Somalia
Paraguay’s president asks all ministers to resign amid protest rallies
Weekly review of highlights in Azerbaijan's agricultural sector
Israel reports 3,262 new COVID-19 cases, 799,727 in total
Biden says $1,400 payments can start to go out this month
France registers 23,306 new coronavirus cases, 170 deaths
U.S. Senate passes 1.9-trln-USD relief bill after marathon overnight session
UK records another 6,040 coronavirus cases, 158 deaths
India could be next happening market for SPAC-driven investor frenzy
Amazon, Google vie for piece of India digital payment market
India’s Wipro to acquire UK company for $1.45 bn
Indian-American named 1st VP, COO of Federal Reserve Bank of New York
Indian Govt to support Sri Lanka – Keheliya
Canada thanks India for sending 500,000 doses of COVID-19 vaccines
India proposes inclusion of Chabahar Port in INSTC multi-lateral corridor project
Nepali Parliamentarians take COVID-19 vaccine ahead of reinstated lower house meeting
Twitter tests audio chat tool Spaces on Android in India
WHO reports over 353,000 new daily cases of COVID-19
U.S. administers 87.9 million doses of COVID-19 vaccines: CDC
Foreign diplomats acquainted with Gulebird HPP in liberated Lachin of Azerbaijan (PHOTO)
Uzbekneftegaz eyes increasing daily production of liquefied gas at Shurtan oil&gas dep’t
Maduro receives Russia’s Sputnik V COVID-19 vaccine
Prices for fuels and lubricants increase in Kyrgyzstan 10-15% in one month
Turkey reports 11,770 COVID-19 cases in 24 hours
Iran, Iraq confer on expansion of transportation coop.
Visitors from Central Asia countries to enter Georgia with PCR tests
Armenian occupants seriously damage Azerbaijan's ecology - Ministry (PHOTO)
Paris police clear Seine riverside over lack of social distancing
Twitter's Dorsey auctions first ever tweet as digital memorabilia
Tibetan spiritual leader Dalai Lama gets vaccine shot
Five people killed in Ukrainian bus crash in Poland
Azerbaijani oil & gas sector's weekly review
Air France plane forced to land in Sofia due to disruptive passenger
Turkmenhimiya SC opens tender for construction of plants for technical iodine production
Georgian GlenBerries company launches arrangement of greenhouses for growing vegetables and fruits
Azerbaijani Ministry of Education implementing innovative projects with Microsoft
Bahar Azadi gold coin price continues to fall in Iran
We successfully completed all steps taken, including ending occupation of Nagorno-Karabakh - Erdogan
WHO official advises against introducing ‘immunity passports’ for travelers now
Russia logs 11,022 new COVID-19 cases
Azerbaijan confirms 149 more COVID-19 recoveries
Azerbaijan issues footage from Jabrayil district's Papi village (VIDEO)
Turkish FM pays official visit to Turkmenistan (PHOTO)
Iran reveals COVID-19 data for March 6
Uzbekistan transfers funds to UN Trust Fund for Aral Sea region
Turkish FM announces trilateral meeting between Azerbaijan, Turkey, Turkmenistan
Lybian diplomat harshly condemns Armenia using mosque in Azerbaijani Fuzuli as stable
Iran discusses relations with IAEA
Iran's nuclear activities completely peaceful - Rouhani
Who could say that Azerbaijan was wrong when the war started? - President Aliyev
New stage already evident in economic sphere, period of transparency, precision, when monopolies suppressed - President of Azerbaijan
As Commander-in-Chief, I know where our weaknesses are - Azerbaijani president
Today we are working on equal agreement with EU, it has been agreed by 90% - President of Azerbaijan
At new stage, we need to further deepen political dialogue - President Aliyev
Why are our “democrats” silent? Why aren’t they saying that Pashinyan should become example for us? - Azerbaijani president
Popular Front-Musavat ruined relations with almost all countries in just one year - Azerbaijani president
Azerbaijan today is country conducting large-scale reforms - President Aliyev
We have no problems with any political entity in country - President of Azerbaijan
If there were no outside help now, Armenia would be gone, completely - President Aliyev
If we are building road, asphalt is ours, bitumen is ours, gravel is ours, so why should we take external credits - Azerbaijani president
We never begged like Armenia, never humiliated ourselves, never asked anyone for help - Azerbaijani president
2003-2020 period was one of preparations - President Aliyev
Younger generation should know at what cost we were able to maintain independence - Azerbaijani president
Today Armenia shies away from cooperation, we will force them - President Aliyev
Absolute majority of participants in battles are people who were children when I came to power in 2003 - President of Azerbaijan
To put it mildly, Luxembourg does not have special political weight in world for its foreign minister to make any claims to us - President Aliyev
So many accused me – Ilham Aliyev does not want peace - Azerbaijani president
Hands of Popular Front-Musavat tandem were imbrued in blood of Azerbaijani people - President Aliyev
Country was in absolutely uncontrollable state during PFPA-Musavat tandem - President Aliyev
It is necessary to plan future of country in such way as to ensure long-term sustainable development - President Aliyev
I highly appreciate activities of “91”, for whom national interests were paramount at time - President Aliyev
Establishment of New Azerbaijan Party was necessity - President Aliyev
Heydar Aliyev's unambiguous, resolute steps related to independence were highly appreciated by people - President of Azerbaijan
Turkish investors have interest in Azerbaijan's business environment - Turkey's MUSAID
We turned Azerbaijan into country enjoying great authority, respect in international arena - President Aliyev
We are a country that creates realities - President of Azerbaijan
Program I announced after presidential elections is being implemented, we are consistently achieving our goals - President Aliyev
Many important events taken place in life of country in three years since sixth congress of New Azerbaijan Party - President Aliyev
Reps of diplomatic corps in Azerbaijan visit Fuzuli airport's construction area
Uzbekistan reveals its COVID-19 data for March 6
U.S. Embassy Announces 2021-2023 GIPA Master’s Degree Program in Journalism
Georgia reports 355 new cases of COVID-19 cases for March 6
Azerbaijan shows footage from Zangilan's Garadere village (VIDEO)
Democrats advance Biden's $1.9 trillion COVID-19 bill in marathon Senate session
President Ilham Aliyev congratulates Azerbaijani women on International Women's Day
Iran's Revolutionary Guard has disrupted airplane hijacking attempt
Diplomats accredited in Azerbaijan start visits to liberated lands (PHOTO)
Iranian currency rates for March 6
Azerbaijani Nakhchivan's Separate Combined Arms Army holding live-fire training classes (PHOTO/VİDEO)
Azerbaijani Agency for Development of SMEs continues to support self-employment program
All news