“Comprehensive measures are being taken to simplify the tax administration, which includes the introduction of a system that allows tracing goods, accompanying consignment notes and electronic seals. This will ensure the transparency of sales between counterparties. We also plan to introduce Blockchain technology in VAT administration, which will significantly reduce the risk of tax evasion and reduce cash-out transactions,” said Zhamaubayev.
Source: astanatimes.com
Latest Posts in "Kazakhstan"
- New VAT Registration Deadlines in 2026: Key Changes and Requirements for Taxpayers
- VAT for Developers Won’t Affect Housing Prices for Next 1.5 Years – Amrin
- Kazakhstan to Approve List of Subsoil Users Exempt from VAT
- VAT School: Preparing for Kazakhstan’s 2026 Tax Reform
- Kazakhstan Businesses to Get VAT Deferral on Certain Imported Goods
