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Tokayev Calls for Differentiated VAT Rate in Kazakhstan

  • Tokayev instructed the government to reconsider the VAT rate and make it differentiated.
  • Tokayev stated that the proposed VAT rate was too high.
  • Tokayev emphasized that any changes in the tax system should be based on a comprehensive analysis and consider the specifics of different sectors of the economy.
  • Tokayev instructed the government to hold additional consultations with qualified experts and business representatives to reach an optimal solution that will not be a barrier to entrepreneurship but will ensure stable budget revenues.

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.

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