- Kazakhstan has introduced the “Google Tax” in 2022, which imposes VAT on foreign companies providing digital services or e-commerce to individuals in the country.
- Companies subject to the Google Tax are required to register under the scheme and pay VAT at a rate of 12% on their transactions with Kazakhstani residents.
- Foreign companies must submit a confirmation letter to the State Revenue Committee (SRC) and make VAT payments in Kazakhstani Tenge. Opening a local bank account may be necessary for companies without access to the local currency.
- VAT IT Compliance can provide guidance and support for companies navigating the Google Tax regulations and ensure compliance with the new requirements.
Source VATit
Click on the logo to visit the website
