Kazakh MP Warns 16% VAT Rate May Not Meet Revenue Expectations

A Member of Parliament in Kazakhstan has expressed concerns that the current 16% Value Added Tax (VAT) rate may not generate the anticipated revenue. Olzhas Kuspekov stated that the government already acknowledges the situation and believes the state budget has fallen short of planned income. He anticipates that by early 2027, it will be clear that the new VAT rate has not met expectations.

Read the full article at Total.kz →

Headline and summary written by daryo. The full report belongs to Total.kz.