Kazakhstan Extends VAT Offset for Imports Until 2026: Tax Code Amendments Approved

• A law was submitted to the Senate of Kazakhstan to amend the Tax Code.
• The law will be applied retroactively from January 1, 2025, if adopted.
• New articles 428-1 and 428-2 will be added to chapter 48.
• Article 428-1 covers VAT payment on imported goods using the offset method.
• Article 428-2 covers VAT payment on goods imported from Eurasian Economic Union states using the offset method.
• The current Tax Code allowed VAT offset method until January 1, 2025.
• The new law extends the VAT offset method for imports until January 1, 2026.

Source: uchet.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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