- Kazakhstan’s parliament is reviewing a new draft Tax Code
- The draft was approved in its first reading on 9 April 2025
- The standard VAT rate will rise from 12 percent to 16 percent
- A new 10 percent VAT rate will apply to medical services
- Exemptions will be provided for book publishing, certain medicines, and specific food products
- The threshold for mandatory VAT registration will be lowered to KZT 40 million
Source: regfollower.com
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.
