TaxCorporate TaxTax incentive boost for Oriel

Tax incentive boost for Oriel

Muzbel LLP, a subsidiary of Aim-listed miner Oriel, has been granted tax incentives in Kazakhstan

Oriel Resources has been boosted by news that its 90%-owned subsidiary,
Muzbel LLP, has been granted investment tax incentives by the Kazakhstan
government.

Muzbel, which holds an investment contract with the Kazakhstan government,
will receive a five-year exemption on property tax and land tax as well as an
accelerated five-year depreciation allowance for qualifying fixed assets.

The incentives will commence after Oriel’s operating plant in Kazakhstan is
commissioned.

Related Articles

Watch out when winding up

Corporate Tax Watch out when winding up

1m Emma Rawson, ATT Technical Officer
How might Brexit affect UK tax policy?

Brexit & Economy How might Brexit affect UK tax policy?

1m Santhie Goundar
Corporation tax losses – your newly flexible friends

Corporate Tax Corporation tax losses – your newly flexible friends

4m Emma Rawson, ATT Technical Officer
HMRC large business tax enquiry duration rises to 3 years

Corporate Tax HMRC large business tax enquiry duration rises to 3 years

4m Emma Smith, Managing Editor
SMEs paying higher rate of corporation tax than big businesses

Corporate Tax SMEs paying higher rate of corporation tax than big businesses

4m Alia Shoaib, Reporter
Big names, little tax: Airbnb, Facebook, Kellogg’s, eBay

Corporate Tax Big names, little tax: Airbnb, Facebook, Kellogg’s, eBay

8m Alia Shoaib, Reporter
New trading allowance: simplicity, but not as we know it

Administration New trading allowance: simplicity, but not as we know it

8m Emma Rawson, ATT Technical Officer
EU divided over radical tax reforms targeting tech giants

Corporate Tax EU divided over radical tax reforms targeting tech giants

8m Alia Shoaib, Reporter