Tax alert on Tax Code amendments

Dear colleagues,

On 21 June 2024, the government published a brand new draft version of the Tax Code for discussion purposes. The document, which is due to come into effect from 1 January 2025, has been significantly reworked in terms of structure and format from the version of the Tax Code currently in force. 

In this alert, we have focused on what we believe are the key changes with the potential to impact international companies operating in Kazakhstan, including corporate income tax rates, concessions, dividend repatriation, non-resident taxation and other important areas. 

As the document may undergo further significant changes before it is finally adopted, we recommend watching for further Deloitte alerts on the subject. 

Keep up to date with the latest changes to tax law relating to your business, the market and professional activities. Deloitte experts issue the alert every month and will be glad to consult you on any of the issues individually.