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Kazakhstan Parliament Considering New Tax Code Measures Including New Sector-Specific Corporate Tax Rates

|Proposed Changes|Kazakhstan
Kazakhstan

Kazakhstan's lower house of parliament (the Mazhilis) is considering measures of the new draft Tax Code, which were approved in the first reading on 9 April 2025. This includes measures in the draft released by the Ministry of Finance in August 2024, with certain changes:

  • The introduction of the following sector-specific corporate tax rates:
    • 25% for banks and gambling entities;
    • 10% for entities performing financial leasing services; and
    • 5% for entities performing activities in education and …

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