Current discussion about the adoption of GAAR in Kazakhstan

Abstract

In this article the authors analyse the situation in Kazakhstan with respect to the need to adopt legislative GAARs. The authors discuss the current abusive practices in Kazakhstan, providing an assessment of the ability of existing anti-avoidance rules to combat these practices, and the draft policy recommendations on the nature of GAARs in Kazakhstan. The article takes into account the developing economy of the country and considers relevant examples in other jurisdictions.