Kazakhstan to improve VAT compliance rules

Wed 24th Jul 2013

The Kazakh tax authorities are to take measures to help prevent a growing wave of VAT fraud – similar to that seen in the EU over the past five years.

The Tax and Customs Authority is to publish new guidance and rules in the following areas:

  1. New VAT registration applications
  2. The introduction of the reverse charge mechanism to reduce the occasions where a VAT registration is required
  3. Request cash deposits or bank guarantees for certain importing activities