VATupdate
VATupdate VAT GST sales tax Kazakhstan

Share this post on

VAT Exemption for Developers Ends 2026; Calls for Radical Measures to Recover Funds

  • VAT for developers will be canceled starting in 2026
  • Deputy Bakytzhan Bazarbek believes this is insufficient and suggests measures against those who profited from the exemption
  • He proposes creating a list of developers who used the benefits and sending them tax notifications
  • Bazarbek believes radical measures are needed to recover the money
  • Deputy Prime Minister Serik Zhumangarin reminded that the benefit will be canceled from January 1, 2026
  • Zhumangarin thinks changing the rules now will worsen the investment climate and cause business resistance
  • He suggests establishing transparent rules from 2026

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.

Sponsors:

Pincvision
VATIT Compliance

Advertisements:

  • VATAi