FISCAL POLICE IN KAZAKHSTAN LAUNCHES LEGAL ACTION AGAINST SOROS FOUNDATION
Published:
28 December 2004 y., Tuesday
The Soros Foundation in Kazakhstan is facing legal action for alleged tax evasion.
The Kazakh fiscal police report in a press release that they have launched criminal proceedings against the Soros Foundation for failure to pay corporate taxes.
The tax evasion charges were brought against the Soros Foundation following a comprehensive audit conducted by an Almaty tax committee. The auditors ruled that the foundation shall pay 81 million tenge, or $623,000, in back taxes to the Kazakh government.
The Foundation appealed against the decision with the Almaty tax committee, the tax committee of the Finance Ministry, and an inter-district administrative court of Almaty, but its appeal was rejected.
Under an agreement between the governments of the U.S. and Kazakhstan, any governmental or private American organization involved with assistance programs, as well as its non-resident staffers, shall be exempted from income or any other type of tax payable to the Kazakh government. Since the Soros Foundation's Kazakhstan branch belongs to neither category, but is a legal entity registered in accordance with local laws and regulations, its activity is not covered by the agreement at hand, the press release says.
Šaltinis:
RIA Novosti
Copying, publishing, announcing any information from the News.lt portal without written permission of News.lt editorial office is prohibited.
The most popular articles
According to Spain's Minister of Industry, Tourism and Trade, Miguel Sebastián, currently chairing an Informal Energy Council today in Seville, the key to achieving a common EU energy market is to establish interconnections.
more »
Mr. Dominique Strauss-Kahn, Managing Director of the International Monetary Fund (IMF), announced today that the Fund will provide US$100 million very rapidly in emergency financing to Haiti to assist it in dealing with the aftermath of the massive and devastating earthquake that has hit the country.
more »
Mr. Dominique Strauss-Kahn, Managing Director of the International Monetary Fund (IMF), issued the following statement on Jamaica today.
more »
The Government of the Republic of Korea and the International Monetary Fund (IMF) announced today that they will jointly host a high-level international conference on Asia in Seoul, South Korea, during July 12-13, 2010.
more »
Mr. Dominique Strauss-Kahn, Managing Director of the International Monetary Fund (IMF), will travel to Tokyo and Hong Kong SAR, January 18−20, 2010.
more »
After lots were drawn, ten winners of Danske Bankas scholarships and one winner of an iPod shuffle player were established.
more »
The Meeting is convened on the initiative and by the resolution of the Management Board of the Bank.
more »
Today, Thursday, on the second and last day of their informal meeting in La Granja (Segovia), the ministers responsible for European Affairs will study the challenge of how to boost reflation through sustainable growth that generates new employment.
more »
How well-equipped are European companies to meet the challenges of global competition and the recent recession? The 2009 European Company Survey provides some clues.
more »
The European Commission decided today not to raise any objections to Finland's plan to support infrastructure investments in Vaasa regional airport.
more »