5 Major Developments in Kazakhstan

5 Major Developments in Kazakhstan

• Kazakhstan Government Confirms VAT and CIT Hikes in New Tax Code

• Kazakhstan to Increase VAT Rates from 12% to 16% as of 2025

• New VAT Registration and Payment Requirements for Cross-Border E-Services

• Impact of Increasing VAT Rate in Kazakhstan: Who Will Be Affected?

• Overview of Planned Amendments to the Rules for Refunding Excess VAT

Customs

• Start of Accepting Applications for the Distribution of Tariff Quotas for the Import of Cattle Meat for Processors

Deduction (Input Tax Credit)

• Kazakhstan Considering 300% Deduction for R&D Expenses

E-Commerce / Electronic Services

• New VAT Registration and Payment Requirements for Cross-Border E-Services

• Eurasian Economic Union Publishes List of Digital Services for VAT Purposes

E-invoicing

• The Phone Number of Technical Support has been Temporarily Changed in the E-Invoice Information System

Excise

• November 15 is the Deadline for Submission of Quarterly Reports

Exemption

• Kazakhstan Considering 300% Deduction for R&D Expenses

• VAT exemption for entrepreneurs who finance research, scientific and technical and development work

Importation

• Start of Accepting Applications for the Distribution of Tariff Quotas for the Import of Cattle Meat for Processors

• The Threshold for Duty-Free Import of Goods for Personal use by Individuals has been Extended until April 1, 2024

• The Ban on the Import of Wheat into the Territory of the Republic of Kazakhstan has been Extended in Kazakhstan from September 26, 2023

Rate

• Kazakhstan Government Confirms VAT and CIT Hikes in New Tax Code

• Kazakhstan to Increase VAT Rates from 12% to 16% as of 2025

• Impact of Increasing VAT Rate in Kazakhstan: Who Will Be Affected?

• Draft: gradually raise the standard VAT rate from 12% to 16% starting in 2025

• Kazakhstan considers increasing VAT rate

• September Snippets: Latest Headlines from the World of Indirect Tax

• Kazakhstan Considering Increase in Standard VAT Rate to 16%

• Kazakhstan VAT rise to 16% 2025

• VAT Rate may be Increased in Kazakhstan in 2025

Refund

• Overview of Planned Amendments to the Rules for Refunding Excess VAT

• VAT refund. The rules will be changed

• Manufacturers of goods of own production, eligible for a simplified VAT refund, have been changed

Registration

• New VAT Registration and Payment Requirements for Cross-Border E-Services

Reporting / Compliance

• November 15 is the Deadline for Submission of Quarterly Reports
• Overview of Planned Amendments to the Rules for Refunding Excess VAT
• The Phone Number of Technical Support has been Temporarily Changed in the E-Invoice Information System

• The Mechanism of Support of the Taxpayer throughout the Life Cycle of its Activities is Planned to be Introduced by the SRC

• Changes will be made to the Tax Application Forms

• Filing Deadlines and Electronic Procedures Announced for Various Taxes