- Kazakhstan’s Ministry of Finance proposed a pilot project to introduce digital tenge with VAT marking for public procurement participants.
- The project aims to simplify and improve tax compliance for those involved in government procurement.
- Expected outcomes include increased transparency, traceability of transactions, improved budget revenue collection, reduced tax risks, and prevention of fraudulent schemes.
- Public discussion of the draft order is open until December 11, 2025, on the “Open NPA” portal.
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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