Following the meeting of the Chairman of the SRC MF RK with the Commissioner of the State Tax Administration of the People's Republic of China

         On March 17, 2025, Chairman of the State Revenue Committee of the Ministry of Finance of the Republic of Kazakhstan, Mr. Zh. Duisembiyev met with Commissioner of the State Taxation Administration of the People's Republic of China Mr. Hu Jinglin on tax cooperation.

        Kazakhstan and China continue to strengthen their strategic partnership, including in the framework of tax cooperation - improving the system of interconnection and assistance in the field of taxation, in the area of electronic commerce.

      The electronic commerce between China and Kazakhstan has a huge potential. The development of logistics and cross-border trade will become key

      Currently, 9 major Chinese marketplaces are registered in Kazakhstan, which have paid about 6 billion tenge to the budget of Kazakhstan.

      In order to ensure timely and complete fulfillment of tax revenues in the Republic of Kazakhstan by Chinese marketplaces, issues of interaction between the two tax services were discussed.

    Also, during the negotiations, special attention was paid to transfer pricing issues in the export of Kazakh oil to China.

     In particular, measures were discussed to increase pricing transparency and reduce tax risks when transporting crude oil through the Kazakhstan – China main oil pipeline.

      Obtaining primary transportation documentation will allow Kazakhstan to objectively assess tax risks and ensure compliance with tariffs and price parameters applied in the People's Republic of China.

      Following the meeting, the parties expressed confidence that tax cooperation between the two countries will continue to be built on a friendly basis, and the decisions taken will contribute to improving the effectiveness of comprehensive cooperation.