/KASE, October 14, 2026/ – On October 14, 2026, KASE Academy held a seminar on "Taxation aspects of operations with financial instruments on KASE for non-residents – legal entities of the Republic of Kazakhstan". The meeting was dedicated to the tax implications of transactions executed by non-residents of the Republic of Kazakhstan on Kazakhstan Stock Exchange (KASE), including clearing participants acting on their own behalf or on behalf of their clients – individuals and legal entities that are non-residents of the Republic of Kazakhstan.

The speakers at the seminar were:

• Meruert Amir – Partner, Head of Tax Practice, BeOne Kazakhstan;
• Irina Bykhovskaya – Partner, Head of International Business, B1 Group of Companies;
• Maria Egorova – Partner, Financial Services Tax Group, B1 Group of Companies.

During the seminar, experts examined the taxation of transactions with shares and bonds, including income from capital gains, redemptions, interest payments, and dividends. Particular attention was paid to repo transactions and operations with derivatives: qualification of income from sources in Kazakhstan, determination of the tax base, and tax payment procedures.

Participants also discussed the emergence of tax agent obligations for non- residents when paying capital gains income, the application of double taxation avoidance agreements, including preliminary application of agreement provisions, tax refunds, and requirements for supporting documents.

The program covered tax registration of non-residents in Kazakhstan when engaging in exchange trading, liability for violation of tax obligations, and statutes of limitations. The speakers touched upon practical difficulties and open issues arising during such operations.

The KASE Academy website is available at see more

[2026-10-14]