Batys tranzit (Kazakhstan) provided Almaty City Tax Department explanation on the order of tax withholding in a payment source at payment of the coupon interest on infrastructural bonds KZ2CKY13B996 (BTTRb1)

08.05.09 15:32
/KASE, May 8, 09/ - Batys tranzit (Almaty), bonds of which are present in Kazakhstan Stock Exchange (KASE) official list, provided to KASE the copy of Almaty City Tax Department letter of May 6, 2009 # 999-Ю, on the following: quotation start ... based on securities category and type, considering infrastructural bonds issue prospectus terms, from the accrued income amount (a coupon interest) till December 31, 2008, must be withheld and transferred to the national budget the tax amount, in compliance with article 131 - 135 of the Tax Code effective till 2009. ... amounts of accrued incomes, including interests, from January 1, 2009, compliant with requirements of item 2 of article 143 of the Tax Code are not liable to taxation in a payment source. quotation end The mentioned letter is published on KASE website at http://www.kase.kz/files/mix/bttr_letter_09_05_06.pdf Previously KASE published the news of April 21, 2009 "Batys transit (Kazakhstan) pays 3rd coupon on bonds KZ2CKY13B996 (BTTRb1)" - http://kase.kz/en/news/show/1071944 [2009-05-08]