- 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.
