Israel and Kazakhstan Sign Agreement to Avoid Double Taxation After Decade of Talks

In brief

• Israel and Kazakhstan signed a double taxation avoidance convention in Jerusalem after more than ten years of talks.
• The agreement was concluded at the tenth meeting of the joint economic commission, co-chaired by Israeli and Kazakh officials.
• Memoranda on AI, labour and cybersecurity, a space declaration and seven commercial deals were also signed.

Signing in Jerusalem

Israel and Kazakhstan signed the agreement on Monday in Jerusalem, at the tenth session of the Israel-Kazakhstan Joint Economic Commission (Izrael i Kazachstan zawarły umowę o unikaniu podwójnego opodatkowania — Jerusalem Post – ua.news) (Israel, Kazakhstan sign double taxation agreement after decades of negotiations | The Jerusalem Post – jpost.com). The document is designed to stop the same income from being taxed in both countries, a result businesses on either side had long been waiting for (Kazakhstan and Israel sign double taxation avoidance convention – qazinform.com).

Who led the talks

Madiyev, who also serves as Kazakhstan's minister for artificial intelligence and digital development, led his country's delegation. The gathering drew officials from 12 government ministries, nine of them Kazakh deputy ministers, the Israeli Foreign Ministry said.

Other outcomes

Alongside the tax convention, the two sides signed memoranda of understanding covering artificial intelligence, labour and cybersecurity, along with a joint declaration on space cooperation (Израиль и Казахстан подписали соглашение об избежании двойного налогообложения - NEWSru.co.il – co.il). Seven commercial agreements were also concluded at a business forum held during the visit. Madiyev met Israeli President Isaac Herzog and discussed cooperation in water technologies, critical minerals and tourism.

What is not yet known

The full text of the convention has not been published, and its entry-into-force date has not been announced.