THE PROTOCOL BETWEEN THE GOVERNMENT OF THE REPUBLIC OF KAZAKHSTAN AND THE GOVERNMENT OF THE AZERBAIJAN REPUBLIC

of April 3, 2017

About modification and amendments in the Convention between the Government of the Republic of Kazakhstan and the Government of the Azerbaijan Republic on avoidance of double taxation and prevention of evasion from the taxation concerning taxes on the income and on property of September 16, 1996

Government of the Republic of Kazakhstan and Government of the Azerbaijan Republic,

wishing to sign the Protocol on modification and amendments in the Convention between the Government of the Republic of Kazakhstan and the Government of the Azerbaijan Republic on avoidance of double taxation and prevention of evasion from the taxation concerning taxes on the income and on property of September 16, 1996 (further - the Convention),

agreed as follows:

Article 1

1. In the name of the Convention to exclude the words "and on property".

2. In all text of the Convention of the word "administrative division" shall be replaced with words "administrative-territorial division" in the corresponding case.

Article 2

1. In Item 1 of article 2 of the Convention to exclude the words "and on property".

2. In Item 2 of article 2 of the Convention to exclude the words "and on property", ", total cost of property", "or property".

3. To state Item 3 of article 2 of the Convention in the following edition:

"3. The existing taxes to which this Convention extends, in particular, are:

a) in the Republic of Kazakhstan:

(i) corporate income tax;

(ii) individual income tax

(further referred to as as "The Kazakhstan taxes");

b) in the Azerbaijan Republic:

(i) income tax of legal entities;

(ii) income tax

(further referred to as as "The Azerbaijani taxes");".

Article 3

1. Subitems (i) and (ii) of the subitem and) Item 1 of article 3 of the Convention to state in the following edition:

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