“Comprehensive measures are being taken to simplify the tax administration, which includes the introduction of a system that allows tracing goods, accompanying consignment notes and electronic seals. This will ensure the transparency of sales between counterparties. We also plan to introduce Blockchain technology in VAT administration, which will significantly reduce the risk of tax evasion and reduce cash-out transactions,” said Zhamaubayev.
Source: astanatimes.com
Latest Posts in "Kazakhstan"
- Kazakhstan Tax Authority Sends VAT Compliance Notifications to Taxpayers
- EAEU Export VAT Zero Rate and Documentation Deadline in Kazakhstan
- Kazakhstan Urges VAT Payers to Verify Q4 2025 Import VAT Offsets
- Kazakhstan Updates Audit Rules, Expands Digital Compliance and Electronic Notifications
- Kazakhstan Debates Unified VAT Rate for Medicines and Medical Devices
