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On June 17–18, 2025, representatives of the Kyrgyz Republic met with Thomas Balco, Senior Advisor at the Organisation for Economic Co-operation and Development (OECD), to advance technical cooperation on international tax matters, particularly focusing on the Base Erosion and Profit Shifting (BEPS) initiative.
The meeting, held in Bishkek, marks an important step toward strengthening Kyrgyzstan’s tax reforms in line with global standards on tax transparency and anti-tax avoidance.
Focus on Transfer Pricing and BEPS Standards
Key participants included Kubanychbek Isabekov, Deputy Chairman of the State Tax Service (STS) of Kyrgyzstan, alongside representatives from the Ministry of Economy and Commerce, the Ministry of Finance, and senior officials specializing in tax policy, international taxation, strategic planning, and data analysis.
A central topic of discussion was transfer pricing, a critical element of Kyrgyzstan’s ongoing tax reform agenda. Implementing effective transfer pricing regulations is seen as essential for protecting the country’s tax base and ensuring fair taxation of multinational enterprises.
Commitment to Continued Collaboration
The meeting concluded with a mutual commitment to sustained collaboration between Kyrgyzstan and the OECD. Both sides agreed to establish dedicated working groups and organize training programs, delivered through both in-person workshops and online platforms.
This cooperation aims to enhance the technical capacity of Kyrgyz tax authorities in applying BEPS measures, improving compliance, and aligning Kyrgyz tax regulations with international standards.
Strengthening Kyrgyzstan’s Tax System
The initiative reflects Kyrgyzstan’s broader effort to modernize its tax administration and promote fairness and efficiency within its tax system in response to the evolving dynamics of the global economy.
According to the State Tax Service, cooperation with international partners such as the OECD is a key pillar in building a robust, transparent, and business-friendly tax environment.
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