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NEWSru IsraelEconomy

Israel and Kazakhstan Sign Double Taxation Avoidance Agreement

Translated & summarized from NEWSru Israel by baba

CommunityNeutral tone

Russian · 2 newsrooms covering

Israel and Kazakhstan signed an agreement to avoid double taxation during their joint economic commission meeting. The accord, co-chaired by Minister Ze'ev Elkin and Deputy Prime Minister Zhaslan Madiev, aims to boost investment by eliminating dual income taxes. Memorandums on AI, labor, cybersecurity, and space cooperation were also signed.

The story in 5 lines · by baba

  • Israel and Kazakhstan signed a double taxation avoidance agreement.
  • The agreement was signed during the tenth session of the joint economic commission.
  • Minister Ze'ev Elkin and Deputy Prime Minister Zhaslan Madiev co-chaired the meeting.
  • The accord aims to facilitate business and investment by eliminating dual income taxes.
  • Memorandums on AI, labor, cybersecurity, and space cooperation were also signed.
Israel and Kazakhstan Sign Double Taxation Avoidance Agreement
Editorial illustration generated by baba News, not a photograph of the event.

Israel and Kazakhstan have signed an agreement to avoid double taxation, a move that aims to facilitate business and investment between the two nations. The signing occurred during the tenth session of the joint economic commission, co-chaired by Israeli Minister Ze'ev Elkin and Kazakhstan's Deputy Prime Minister Zhaslan Madiev. The new accord is designed to eliminate the double taxation of income and foster a more favorable environment for investors. In addition to the tax agreement, both countries also signed memorandums of understanding in the fields of artificial intelligence, labor, and cybersecurity. A joint declaration on cooperation in space exploration was also finalized during the commission's meeting.

NEWSru IsraelOther · Tel Aviv

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