On 28 April, 2017 Sofiya Zhylkaidarova participated in XV Atyrau KPLA Anniversary International Conference: “Subsoil Use – the Basis of the Kazakhstan Economy”
On 28 April 2017, Sofiya Zhylkaidarova, the Managing Partner of SIGNUM Law Firm took part in XV Atyrau KPLA Anniversary International Conference.
The conference took place in the conference hall of the Tengizchevroil joint venture in Atyrau city and featured the representatives on the Kazakhstan Ministry of Energy, Ministry of Finance, Ministry of Justice, Supreme Court, Parliament, General Prosecutor’s Office, local and foreign scholars and experts.
The agenda featured the issues of the subsoil use and investment climate in Kazakhstan.
Since the topic is very broad in its interpretation, the forum participants discussed such issues as the development of the subsoil laws, law enforcement practices, investment climate, tax relations, dispute resolution, investors’ views, etc.
At the conference, Sofiya presented the report “Some issues of subsoil users’ taxation: law enforcement practice”. In the first part of the speech, Sofiya spoke of the improper application of retroactive rules by the state revenue authorities.
On top of that, the audience members and participants of the meeting discussed the concept of transfer pricing: the formation of unified approaches by the state revenue authorities.
The second part of the report dealt with the formal approach of the state revenue authorities to the taxation of associated natural gas re-injected into the subsoil.
Finally, Sofiya stressed the need to resolve the relevant issues and expressed gratitude to all the participants for their attention.
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