Important Changes in Tax Law of Republic Kazakhstan

Source: ZAKON.KZ ( www.zakon.kz)

18.07.2025

New Tax Code Signed

The President of the Republic of Kazakhstan has signed a new Tax Code and an accompanying law on amendments to tax legislation. The documents will enter into force on 1 January 2026 and will form the basis for an updated taxation system in the country.

 

Source: IS Paragraph

04.09.2025

Amendments to the Tax Code from 15 September 2025

Amendments to the Tax Code came into force on 15 September 2025 (Law of the RK No. 208-VIII dd. 15 July 2025).

Key changes

• Internet platform operators are acknowledged as tax agents
  If payment for services or works takes place outside the platform, the operator is required to provide information about registered contractors and customers to the tax authorities.
• Banks are required to disclose more information
  Now banks must provide the tax authorities with the following information about individuals filing asset and income declarations:
  - account numbers and balances on them;
  - movement of money in accounts if an individual has acquired property more expensive than MCI 20,000.
• Tax authorities can use biometrics
  Biometric identification is authorized in tax administration systems.
• Accounting for excisable goods
  When selling marked goods, cash transactions should be recorded only through the reading of identification tools.
• NPOs: apartment owners' cooperatives
  Cooperatives of apartment owners and non-residential premises are classified as non-profit organizations.
• New fees
  A fee has been introduced for the state registration and re-registration of associations of property owners and cooperatives of apartment owners (non-residential premises).