- Kazakhstan’s republican budget revenue for Jan–Sep 2026 reached 16.53 trillion tenge, with tax revenues at 12.97 trillion tenge, or 100.04% of the period plan.
- VAT was the main shortfall: 5.92 trillion tenge collected versus a 6.61 trillion tenge plan, leaving a 685.8 billion tenge gap; underperformance was strongest on VAT from EAEU imports and imports from non-Russia/Belarus sources.
- Corporate income tax from large non-oil businesses fell slightly short at 3.57 trillion tenge, or 98.7% of plan; excise taxes were well below target at 68.1% of plan.
- Overperformance in mineral extraction tax and export customs duty on crude oil offset the VAT shortfall, with those two taxes together generating 885 billion tenge more than planned.
- VAT from foreign internet companies exceeded expectations, reaching 70.1 billion tenge, or 172.1% of the nine-month plan and 124.6% of the full-year plan.
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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