Kazakh PM Proposes VAT Hike to Ease Tax Burden on Wage Fund and Goods

• Kazakh PM Olzhas Bektenov proposes VAT rate increase
• Increase in VAT will reduce tax burden on wage fund
• Aim is to positively affect cost of goods
• Government aims for broader tax reform to improve economic situation
• President Tokayev emphasizes assessing efficiency based on living standards

Source: en.inform.kz

Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.

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