Kazakhstan to resign from tax on gold sold to NBK.

By bne IntelliNews October 14, 2011
Kazakh government considers resignation from tax on gold sold to the National Bank of Kazakhstan (NBK), deputy finance minister Ruslan Dalenov has informed. To remind you, in August the NBK informed that it would fully exercise its right to buy all locally produced gold in order to fill the countrys gold reserves. In Jan-Aug, gold output in Kazakhstan increased by 43.5% to 11.2 tones. Last year, gold production amounted to 13.3 tones.

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