{"id":53661,"date":"2026-10-09T07:18:44","date_gmt":"2026-10-09T04:18:44","guid":{"rendered":"https:\/\/kz.f-chain.com\/?p=53661"},"modified":"2026-10-09T07:18:44","modified_gmt":"2026-10-09T04:18:44","slug":"tax-code-key-changes-from-2027","status":"publish","type":"post","link":"https:\/\/kz.f-chain.com\/en\/feautured-post\/tax-code-key-changes-from-2027\/","title":{"rendered":"Tax Code: Key Changes from 2027"},"content":{"rendered":"

Tax Code: Key Changes from 2027<\/strong><\/h2>\n

Kazakhstan continues to discuss a major package of proposed amendments to the Tax Code dated July 18, 2025. The draft is open for public discussion until September 25, 2026, and provides for changes to the calculation and payment of taxes, tax administration, the application of tax deductions, and certain tax benefits. Most of the proposed provisions are planned to take effect from January 1, 2027. Different effective dates are \u043f\u0440\u0435\u0434\u0443\u0441\u043c\u043e\u0442\u0440\u0435\u043d\u044b for certain provisions: amendments to Articles 74 and 76 are planned to take effect from July 1, 2027, while the repeal of certain provisions of Articles 210, 286, and 490 is scheduled for January 1, 2035. As the document is still at the draft stage, the proposed provisions may be amended before final adoption.<\/p>\n

 <\/p>\n

Changes to VAT and Settlements with the State Budget<\/strong><\/h3>\n

One of the proposed changes concerns the refund of excess VAT using the digital tenge. The draft introduces a new Article 127-1, under which such refunds would be made without a tax audit within 10 business days after the deadline for filing the tax return. The mechanism would be available to taxpayers that have opened a digital account with a second-tier bank and confirmed payments made in digital tenge. It is also proposed to exempt factoring and forfaiting transactions of second-tier banks from VAT by classifying them as VAT-exempt financial transactions. Separate amendments concern electronic commerce. If a foreign entity sells goods or provides electronically supplied services to individuals who are residents of Kazakhstan through a Kazakhstan marketplace, the marketplace itself is proposed to be recognized as the VAT payer. A standard VAT rate of 16% would apply to such transactions, with the tax period being a quarter. The approach to VAT on imports of goods from the EAEU is also expected to change. For certain categories of taxpayers, it is proposed to require VAT payment before goods are imported into Kazakhstan, based on information contained in the accompanying consignment note for goods. If the value stated in the document is below the established minimum price level, VAT would be calculated based on the minimum price level.<\/p>\n

 <\/p>\n

PIT and Taxation of Individual Income<\/strong><\/h3>\n

The draft provides for changes to the calculation of individual income tax (PIT). For income paid by a single tax agent, PIT is proposed to be calculated on a cumulative basis based on the total taxable income of an individual, excluding dividends, for which a separate formula would apply. At the same time, the rules governing basic and social tax deductions are being revised. Among other matters, the amendments affect the social deduction of 5,000 MCI in cases where an individual\u2019s disability group changes. For individual entrepreneurs applying the general taxation regime, it is proposed to clarify the procedure for determining taxable income. Income subject to reduction in accordance with paragraph 1 of Article 400 of the Tax Code would be deducted from the taxable income of an individual entrepreneur only if it had previously been included in their income. Separate tax provisions are proposed for holders of the Altyn Visa and their family members. Under the draft, their income would not be recognized as individual income for the purposes of Article 370. It is also proposed to exclude such individuals from the list of land tax and property tax payers.<\/p>\n

 <\/p>\n

New Tax Administration Rules<\/strong><\/h3>\n

The proposed amendments may also affect interactions between banks and self-employed individuals. Banks are proposed to be included among tax agents and would withhold and remit PIT and social payments from income received by self-employed individuals through cashless transactions. Another proposal concerns electronic invoices. The issuance of electronic invoices is planned to be suspended where tax debt exceeds the established threshold and remains unpaid for more than six months. The procedure for terminating business activities is also proposed to be simplified. The separate tax application is planned to be abolished and replaced with liquidation tax reporting containing the relevant indication that business activities are being terminated. As a result, only one document would need to be submitted instead of two. These amendments to Articles 74 and 76 are planned to take effect from July 1, 2027.<\/p>\n

 <\/p>\n

Changes for Goods Marking Equipment<\/strong><\/h3>\n

The draft also provides for a separate change concerning equipment used for goods marking. For tax purposes, its initial value is proposed to be determined using a coefficient of 1.5. This approach would increase the amount of depreciation included in deductions and, accordingly, affect the calculation of corporate income tax.<\/p>\n

 <\/p>\n

What Businesses Need to Consider<\/strong><\/h3>\n

The proposed package of amendments covers several areas of tax regulation, including VAT, PIT, tax deductions, electronic invoices, taxation of electronic commerce, settlements with self-employed individuals, and certain aspects of determining deductions for corporate income tax. For companies, the changes may require a review of certain accounting and tax processes based on the provisions ultimately included in the final version of the legislation. At this stage, however, the amendments remain in draft form. Businesses should therefore take into account the further consideration and final adoption of the proposed changes when planning any adjustments.<\/p>\n

 <\/p>\n

Professional FChain Services<\/strong><\/h3>\n

Changes in tax legislation require timely adaptation of accounting, payroll, and internal business processes. FChain provides comprehensive accounting, HR, and legal services to companies operating in Kazakhstan.<\/p>\n