Taxation
Conditions for taxation of income from operations with securities on KASE (on the stock exchange operating in the territory of the Republic of Kazakhstan, in relation to securities on the KASE's official lists)
Reference information on taxes
In accordance with paragraph 1 of Article 30 of the Republic of Kazakhstan's Tax Code, a taxpayer is expected to fulfill their tax obligation in good faith. In accordance with paragraph 1 and subparagraphs 3), 5) and 6) of paragraph 2 of Article 62 of the Republic of Kazakhstan's Tax Code, a taxpayer independently fulfills the tax obligation that includes:
- calculation of the tax amounts and payments payable to the budget, based on the objects of taxation and/or objects related to taxation, the tax base and tax rates;
- preparation and submission to tax authorities of tax forms and other forms established by the Tax Code;
- payment of calculated and charged amounts of taxes and payments to the budget, advance and current payments of taxes and payments to the budget.
The information provided on this page is for informational and reference purposes only and does not constitute an official clarification or interpretation of the Republic of Kazakhstan's tax legislation. KASE is not an authorized government agency and does not provide official interpretations of tax legislation or official clarifications on its application, including matters related to protection of rights and legitimate interests of taxpayers.
Official clarifications on application of tax legislation are provided exclusively by authorized government agencies of the Republic of Kazakhstan, including state revenue authorities and other government agencies vested with the relevant authority.
Taxation in the securities market
Rates and benefits by investor type
| Instruments | Legal entities - residents | Legal entities - non-residents | Individuals - residents | Individuals - non-residents |
|---|---|---|---|---|
| Shares of residents | Not paying exclusion from TAI | Paying, 15% | Not paying exclusion from taxable income | Not paying PIT – 0% |
| KASE Global shares | Not paying exclusion from TAI | Paying, 15% | Not paying exclusion from taxable income | Not paying PIT – 0% |
| Bonds of residents (except for GS) | Not paying exclusion from TAI | Not paying CIT – 0% | Not paying exclusion from taxable income | Not paying PIT – 0% |
| Bonds of non-residents | Not paying exclusion from TAI | Платят, 15% | Not paying exclusion from taxable income | Not paying PIT – 0% |
| GS of the RK Ministry of Finance | Paying, 10% 20% rate, exclusion of 50% of income from TAI | Not paying CIT – 0% | Not paying exclusion from taxable income | Not paying PIT – 0% |
| Other RK GS | Paying, 20% banks - 25% for the National Bank's GS | Not paying CIT – 0% | Not paying exclusion from taxable income | Not paying PIT – 0% |
| Agency bonds | Not paying exclusion from TAI | Not paying CIT – 0% | Not paying exclusion from taxable income | Not paying PIT – 0% |
| Shares of Astana Hub participants | Not paying exclusion from TAI | Paying, 15% | Not paying exclusion from taxable income | Not paying PIT – 0% |
| Shares of AIFC participants | Not paying CIT – 0% | Not paying CIT – 0% | Not paying CIT – 0% | Not paying CIT – 0% |