- The Kazakhstani State Revenue Committee has announced the renewal of a special retail tax regime, effective from January 1, 2023.
- The benefits of this regime include exemption from VAT registration, social tax payments, and the ability to conduct business activities across different localities.
- The corporate and individual income tax rates under this regime are set at 4 percent, with the possibility of further reduction by local representative bodies. Additionally, an 8 percent tax rate applies with documentary confirmation of deductions for specific expenses.
Source GlobalVATcompliance
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