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Questions & Answers on Income Taxation of Individuals in the Republic of Kazakhstan

The information provided in this FAQ section is intended for informational purposes only and does not constitute tax, legal, investment or other professional advice.
ITS does not guarantee the completeness, accuracy or applicability of this information to any particular situation and shall not be responsible for any outcome arising from its use.
For questions regarding taxation and the fulfilment of tax obligations, we recommend consulting professional tax advisers or the authorised state bodies of the Republic of Kazakhstan.

Question AnswerSource
Filing/non-filing of a tax return by an individual and liability for failure to file
If I am a citizen of the Republic of Kazakhstan but am not considered a tax resident of the Republic of Kazakhstan, am I exempt from the requirement to file a tax return?In accordance with the amendments to the tax legislation of the Republic of Kazakhstan that entered into force on 13 July 2024, the requirement for non-residents to file a Declaration of Assets and Liabilities (Form 250.00) solely on the basis of their non-resident status was abolished. However, where such a non-resident is a citizen of the Republic of Kazakhstan, the obligation to file the declaration remains if they own property outside the Republic of Kazakhstan (subject to the applicable statutory requirements).
Thus, pursuant to Article 422 of the Tax Code of the Republic of Kazakhstan, the Declaration of Assets and Liabilities (Form 250.00) is required to be filed only by certain categories of individuals, including citizens and residents of the Republic of Kazakhstan who own property outside Kazakhstan, including securities and derivative financial instruments issued by foreign issuers, funds held in foreign brokerage accounts, and digital assets. If you do not fall within any of the categories specified in Article 422 of the Tax Code of the Republic of Kazakhstan, you are not required to file Form 250.00. 
The general rule that a non-resident individual is not required to file tax returns also applies to the Individual Income and Property Declaration (Form 270.00). However, there is an exception to this rule: pursuant to paragraph 1 of Article 697 of the Tax Code of the Republic of Kazakhstan, non-resident individuals receiving income from sources in the Republic of Kazakhstan that is subject to self-assessed taxation are required to file an Individual Income and Property Declaration (Form 270.00).		Effective from 01 January 2026: Articles 422 and 697 of the Tax Code of the Republic of Kazakhstan.
If I have a residence permit in Kazakhstan, am I required to file tax returns in the same manner as citizens of Kazakhstan?An individual holding a residence permit may be either a tax resident (provided that the requirements of paragraph 3 of Article 222 of the Tax Code of the Republic of Kazakhstan are met, i.e. the individual has a centre of vital interests in the Republic of Kazakhstan) or a tax non-resident of the Republic of Kazakhstan. Depending on their status (resident/non-resident), such an individual must determine whether they have an obligation to file a Declaration of Assets and Liabilities (Form 250.00) or an Individual Income and Property Declaration (Form 270.00) based on the criteria set out in Articles 417, 422 and 697 of the Tax Code of the Republic of Kazakhstan. The difference between residents and non-residents is that non-residents (except for non-residents who are citizens of the Republic of Kazakhstan) do not file Form 250.00, but may be required to file Form 270.00 if they receive income from sources in the Republic of Kazakhstan that is subject to self-assessed taxation. Thus, if an individual holds a residence permit and is a tax resident of the Republic of Kazakhstan, they are required to file Forms 250.00 and 270.00.Effective from 1 January 2026: Articles 417, 422 and 697 of the Tax Code of the Republic of Kazakhstan.
Is everyone, without exception, required to file a tax return? What are the consequences of failure to file?Depending on their status (resident/non-resident), an individual must determine whether they have an obligation to file Forms 250.00 and 270.00, in accordance with the criteria set out in Articles 417, 422 and 697 of the Tax Code of the Republic of Kazakhstan. The difference between residents and non-residents is that non-residents (except for non-residents who are citizens of the Republic of Kazakhstan) do not file Form 250.00, but may be required to file Form 270.00 if they receive income from sources in the Republic of Kazakhstan that is subject to self-assessed taxation.
For reference: pursuant to paragraph 8 of Article 417 of the Tax Code of the Republic of Kazakhstan, failure by an individual to file an Individual Income and Property Declaration within the deadline established by Article 418 of the Tax Code of the Republic of Kazakhstan shall be deemed confirmation that such individual has no: income subject to self-assessed taxation by the individual; property and liabilities specified in this Article.
Failure to file a declaration is subject to a warning for a first offence and, in the event of a repeated offence within one year, a fine of 15 Monthly Calculation Indices (MCI) (paragraph 1 of Article 272 of the Code of the Republic of Kazakhstan on Administrative Offences).
Submission of incomplete or inaccurate information in a declaration is subject to a warning for a first offence and, in the event of a repeated offence within one year, a fine of 3 MCI (paragraph 2 of Article 272 of the Code of the Republic of Kazakhstan on Administrative Offences).
Concealment by an individual of information concerning property owned outside the Republic of Kazakhstan, as well as funds held in bank accounts with foreign banks located outside the Republic of Kazakhstan, entails a fine of 100 MCI (paragraph 3 of Article 275 of the Code of the Republic of Kazakhstan on Administrative Offences).		Effective from 1 January 2026: Articles 417, 422 and 697 of the Tax Code of the Republic of Kazakhstan, and Article 272 of the Code of the Republic of Kazakhstan on Administrative Offences.
Do I need to file an income tax return in respect of income received from Kazakhstani securities, in particular shares and bonds?If, in 2025, you owned only Kazakhstani securities, you are not required to file a tax return.
An Individual Income and Property Declaration (Form 270.00) must be filed in the following cases:
– if capital gains have been received;
– if property, including securities, is owned or has been acquired in an amount exceeding 20,000 Monthly Calculation Indices (MCI);
– if digital assets are owned;
– if income, including income received outside the Republic of Kazakhstan, has been received in an amount exceeding 8,500 times the MCI for the reporting tax period;
– if dividend income, including dividends received outside the Republic of Kazakhstan, has been received in an amount exceeding 230,000 times the MCI for the reporting tax period (Article 417 of the Tax Code of the Republic of Kazakhstan).		Effective from 1 January 2026: Articles 417, 422 and 697 of the Tax Code of the Republic of Kazakhstan.
When and which tax return form should be filed?
I started investing in 2025. When do I need to file my tax return?Pursuant to Article 422 of the Tax Code of the Republic of Kazakhstan, the Declaration of Assets and Liabilities (Form 250.00) must be filed by citizens and residents of the Republic of Kazakhstan who own property outside Kazakhstan, including securities and derivative financial instruments issued by foreign issuers, funds held in foreign brokerage accounts, and digital assets. If you do not fall within any of the categories specified in Article 422 of the Tax Code of the Republic of Kazakhstan, you are not required to file Form 250.00.
The Individual Income and Property Declaration (Form 270.00) must be filed in the following cases:
– if capital gains have been received;
– if property, including securities, is owned or has been acquired in an amount exceeding 20,000 Monthly Calculation Indices (MCI);
– if digital assets are owned;
– if income, including income received outside the Republic of Kazakhstan, has been received in an amount exceeding 8,500 times the MCI for the reporting tax period;
– if dividend income, including dividends received outside the Republic of Kazakhstan, has been received in an amount exceeding 230,000 times the MCI for the reporting tax period (Article 417 of the Tax Code of the Republic of Kazakhstan).
The Declaration of Assets and Liabilities (Form 250.00) and the Individual Income and Property Declaration (Form 270.00) must be filed at the individual’s place of residence (stay) no later than 15 September of the year in which the obligation to file the declaration arises. In your case, in 2026 you must file the declaration for 2025.		Effective from 1 January 2026: Articles 417 and 422 of the Tax Code of the Republic of Kazakhstan.
What should I do if the account was opened only six months ago? Am I required to file a tax return in this case? What specific reporting requirements apply if there were no transactions on the account other than deposits?
Какие особенности декларирования появляются в случае, если по счету не было иных транзакций, кроме пополнения?		The Individual Income and Property Declaration (Form 270.00) must be filed at the individual’s place of residence (stay) no later than 15 September of the year in which the obligation to file the declaration arises. If the account was opened six months ago (in 2025), then, in your case, in 2026 you must file the declaration for 2025.
Citizens and residents of the Republic of Kazakhstan who own (or hold claims to) property outside Kazakhstan, including securities and derivative financial instruments issued by foreign issuers; funds held in foreign brokerage accounts; digital assets; and funds held in bank accounts with foreign banks in an aggregate amount exceeding 1,000 times the Monthly Calculation Index (MCI) applicable as at 31 December of the reporting tax period across all bank deposits, are required to file a Declaration of Assets and Liabilities (Form 250.00).
If, in 2025, the only transaction was a deposit into a brokerage account in the Republic of Kazakhstan, Form 270.00 is not required to be filed. The Individual Income and Property Declaration (Form 270.00) must be filed in the following cases:
– if capital gains have been received;
– if property, including securities, is owned or has been acquired in an amount exceeding 20,000 MCI;
– if digital assets are owned;
– if income, including income received outside the Republic of Kazakhstan, has been received in an amount exceeding 8,500 times the MCI for the reporting tax period;
– if dividend income, including dividends received outside the Republic of Kazakhstan, has been received in an amount exceeding 230,000 times the MCI for the reporting tax period (Article 417 of the Tax Code of the Republic of Kazakhstan).		Effective from 1 January 2026: Articles 417 and 422 of the Tax Code of the Republic of Kazakhstan.
I only started investing in 2025. Do I need to file a tax return this year? Which form should I file? Are pensioners required to file a tax return?Regardless of when you started investing, you may be required to file Form 250.00 or Form 270.00. To determine whether such an obligation arises, an individual should assess their circumstances against the criteria set out in Articles 417 and 422 of the Tax Code of the Republic of Kazakhstan.
Pursuant to the Law dated 15 July 2025 “On Amendments and Additions to the Code of the Republic of Kazakhstan ‘On Taxes and Other Mandatory Payments to the Budget’ (Tax Code) and the Laws of the Republic of Kazakhstan concerning its enactment,” pensioners, private-sector employees, students and homemakers have been exempt from the mandatory filing of Form 250.00 since 1 January 2025. An exception applies to persons who have assets, property or bank accounts abroad.
Since 2025, the Declaration of Assets and Liabilities (Form 250.00) is required to be filed only by certain categories of individuals: citizens and residents of the Republic of Kazakhstan who, as at the end of the reporting tax period, own property outside Kazakhstan, including securities and derivative financial instruments issued by foreign issuers, funds held in foreign brokerage accounts, or digital assets, as well as persons engaged in private practice.
If you do not fall within any of these categories, then, in respect of your 2025 income, you should assess your circumstances against the criteria set out in Article 417 of the Tax Code of the Republic of Kazakhstan. If you meet any of those criteria, you may be required to file an Individual Income and Property Declaration (Form 270.00) in 2026.		Effective from 1 January 2026: Articles 417 and 422 of the Tax Code of the Republic of Kazakhstan.
A brokerage account can be opened from the age of 16. If the account holder is under 18, who is required to file the tax return and pay taxes: the minor in whose name the account is opened, or their parents? And in whose name will the assets (shares) be registered?The legal capacity of minors aged 14 to 18 is governed by Article 22 of the Civil Code of the Republic of Kazakhstan (hereinafter referred to as the “Civil Code”). Paragraph 1 of Article 22 of the Civil Code provides that minors may enter into transactions with the consent of their legal representatives. The form of such consent must correspond to the form prescribed by law for the transaction entered into by the minor. In other words, minors have limited legal capacity. Such minors are entitled to independently dispose of their earnings, scholarships and other income, as well as intellectual property rights created by them, and may also enter into minor everyday transactions (paragraph 2 of Article 22 of the Civil Code). At the same time, the Law of the Republic of Kazakhstan “On the Securities Market” does not establish any special requirements or procedures for securities transactions entered into by minors. Accordingly, the provisions of the Civil Code should apply.
It follows from the above provisions that a minor may enter into a brokerage agreement in their own name with the consent of their parents. Transactions involving securities, as well as the subsequent disposal (sale) of such securities, must also be carried out with parental consent. However, ownership of the securities must be registered in the name of the minor. Please note that brokers’ internal rules governing the procedure for securities transactions involving minors may differ from the position set out above.
Taxes must be paid and tax returns filed by one of the legal representatives of a person under eighteen years of age (the age of majority) where such person is subject to an obligation to file the relevant tax return (paragraph 6 of Article 417 and paragraph 3 of Article 422 of the Tax Code of the Republic of Kazakhstan).		Article 22 of the Civil Code of the Republic of Kazakhstan; effective from 1 January 2026: paragraph 6 of Article 417 and paragraph 3 of Article 422 of the Tax Code of the Republic of Kazakhstan.
Do I need to file Form 250.00 if I have never filed it before?Starting from 2025, the initial declaration is required to be filed only by certain categories of individuals, including citizens and residents of the Republic of Kazakhstan who own property outside Kazakhstan, including securities and derivative financial instruments issued by foreign issuers, funds held in foreign brokerage accounts, or who own digital assets. If you do not fall within any of the categories specified in Article 422 of the Tax Code of the Republic of Kazakhstan, you are not required to file Form 250.00. Effective from 1 January 2026: Articles 417 and 422 of the Tax Code of the Republic of Kazakhstan.
If I have already filed Form 250.00 but did not report any securities because I did not own any at that time, do I now need to file Form 250.00 again in 2026 and report the securities acquired after filing my previous declaration, or should I file Form 270.00?The Declaration of Assets and Liabilities (Form 250.00) is filed by individuals once, upon entering the universal declaration system, in order to record information on accumulated assets and existing liabilities as at the date of entry into the universal declaration system.
The Individual Income and Property Declaration (Form 270.00) must be filed in the following cases:
– if capital gains have been received;
– if property, including securities, is owned or has been acquired in an amount exceeding 20,000 Monthly Calculation Indices (MCI);
– if digital assets are owned;
– if income, including income received outside the Republic of Kazakhstan, has been received in an amount exceeding 8,500 times the MCI for the reporting tax period;
– if dividend income, including dividends received outside the Republic of Kazakhstan, has been received in an amount exceeding 230,000 times the MCI for the reporting tax period (Article 417 of the Tax Code of the Republic of Kazakhstan). 		  Effective from 1 January 2026: Article 417 and Article 422 of the Tax Code of the Republic of Kazakhstan.
In 2025, I purchased only ITSW shares and made no other acquisitions. Do I need to file Form 270.00 in respect of these shares if I did not sell them in 2025?The Individual Income and Property Declaration (Form 270.00) must be filed in the following cases:
– if capital gains have been received;
– if property, including securities, is owned or has been acquired in an amount exceeding 20,000 Monthly Calculation Indices (MCI);
– if digital assets are owned;
– if income, including income received outside the Republic of Kazakhstan, has been received in an amount exceeding 8,500 times the MCI for the reporting tax period;
– if dividend income, including dividends received outside the Republic of Kazakhstan, has been received in an amount exceeding 230,000 times the MCI for the reporting tax period (Article 417 of the Tax Code of the Republic of Kazakhstan). 
 		 Effective from 1 January 2026: Articles 417 and 422 of the Tax Code of the Republic of Kazakhstan.
I started investing in 2025 and will be filing a tax return for the first time. Which form do I need to file?Regardless of when you started investing, you may be required to file either Form 250.00 or Form 270.00. Since 2025, the approach to universal declaration has changed: there is no longer a requirement to file the initial Form 250.00 in order to subsequently file Form 270.00. Furthermore, an individual investor may not be required to file either Form 250.00 or Form 270.00 if they do not meet the criteria set out in Articles 417 and 422 of the Tax Code of the Republic of Kazakhstan.
Example: an individual investor who is a tax resident of the Republic of Kazakhstan, owns only Kazakhstani securities, has not received any capital gains from them during the reporting tax period, and has no assets outside the Republic of Kazakhstan is not required to file either Form 250.00 or Form 270.00.
Declaration of Assets and Liabilities (Form 250.00): starting from 2025, the initial declaration is required to be filed only by certain categories of individuals, including citizens and residents of the Republic of Kazakhstan who own property outside Kazakhstan, including securities and derivative financial instruments issued by foreign issuers, funds held in foreign brokerage accounts, or who own digital assets. If you do not fall within any of the categories specified in Article 422 of the Tax Code of the Republic of Kazakhstan, you are not required to file Form 250.00 (Article 422 of the Tax Code of the Republic of Kazakhstan).
The Individual Income and Property Declaration (Form 270.00) must be filed in the following cases:
– if capital gains have been received;
– if property, including securities, is owned or has been acquired in an amount exceeding 20,000 Monthly Calculation Indices (MCI);
– if digital assets are owned;
– if income, including income received outside the Republic of Kazakhstan, has been received in an amount exceeding 8,500 times the MCI for the reporting tax period;
– if dividend income, including dividends received outside the Republic of Kazakhstan, has been received in an amount exceeding 230,000 times the MCI for the reporting tax period (Article 417 of the Tax Code of the Republic of Kazakhstan). 		Effective from 1 January 2026: Articles 417 and 422 of the Tax Code of the Republic of Kazakhstan.
Form 240.00 has been abolished. The question is: can Form 270.00 be completed and filed straight away, or must Form 250.00 be filed first, followed by Form 270.00 only in the following year?Form 270.00 is filed by an individual where property income has been received, replacing the Individual Income Tax Return (Form 240.00), which was abolished from 1 January 2025. Furthermore, since 2025, the approach to universal declaration has changed: there is no longer a requirement to file an initial “entry” Declaration of Assets and Liabilities (Form 250.00) in order to subsequently file Form 270.00. An individual investor may also not be required to file either Form 250.00 or Form 270.00 if they do not meet the criteria set out in Articles 417 and 422 of the Tax Code of the Republic of Kazakhstan. To determine which declaration form must be filed, an individual should assess whether they meet the criteria established by Articles 417 and 422 of the Tax Code of the Republic of Kazakhstan.
Individual Income and Property Declaration (Form 270.00): if, in 2025, you own only Kazakhstani securities with a value of less than 20,000 Monthly Calculation Indices (MCI), you are not required to file a declaration in 2026 for 2025. Form 270.00 must be filed in the following cases:
– if capital gains have been received;
– if property, including securities, is owned or has been acquired in an amount exceeding 20,000 MCI;
– if digital assets are owned;
– if income, including income received outside the Republic of Kazakhstan, has been received in an amount exceeding 8,500 times the MCI for the reporting tax period;
– if dividend income, including dividends received outside the Republic of Kazakhstan, has been received in an amount exceeding 230,000 times the MCI for the reporting tax period (Article 417 of the Tax Code of the Republic of Kazakhstan).
Declaration of Assets and Liabilities (Form 250.00): starting from 2025, the initial declaration is required to be filed only by certain categories of individuals, including citizens and residents of the Republic of Kazakhstan who own property outside Kazakhstan, including securities and derivative financial instruments issued by foreign issuers, funds held in foreign brokerage accounts, or who own digital assets.		Effective from 1 January 2026: Articles 417 and 422 of the Tax Code of the Republic of Kazakhstan.
When must the declarations be filed?The Declaration of Assets and Liabilities (Form 250.00) and the Individual Income and Property Declaration (Form 270.00) must be filed at the individual’s place of residence (stay) no later than 15 September of the year in which the obligation to file the declaration arises.Effective from 1 January 2026: Articles 418 and 424 of the Tax Code of the Republic of Kazakhstan.
If I filed Forms 250.00 and 270.00 last year, do I need to file Form 250.00 again this year?The Declaration of Assets and Liabilities (Form 250.00) is filed by individuals once, upon entering the universal declaration system, in order to record information on accumulated assets and existing liabilities as at the date of entry into the universal declaration system.Effective from 1 January 2026: paragraph 6 of Article 422 of the Tax Code of the Republic of Kazakhstan.
I filed Form 240.00 for 2024 and paid the tax. Do I need to file Forms 250.00 and 270.00 for 2025, given that Form 240.00 has been abolished?Form 270.00 is filed by an individual in the event of receiving property income, replacing the Individual Income Tax Return (Form 240.00), which was abolished from 1 January 2025. Furthermore, since 2025, the approach to universal declaration has changed, and there is no longer a requirement to file an initial “entry” Declaration of Assets and Liabilities (Form 250.00) in order to subsequently file Form 270.00. An individual investor may also not be required to file either Form 250.00 or Form 270.00 if they do not meet the criteria set out in Articles 422 and 417 of the Tax Code of the Republic of Kazakhstan. To determine which declaration form must be filed, an individual should assess whether they meet the criteria established by Articles 417 and 422 of the Tax Code.
Individual Income and Property Declaration (Form 270.00): if, in 2025, you owned only Kazakhstani securities with a value of less than 20,000 Monthly Calculation Indices (MCI), you are not required to file a declaration in 2026 for 2025. Form 270.00 must be filed in the following cases:
– if capital gains have been received;
– if property, including securities, is owned or has been acquired in an amount exceeding 20,000 MCI;
– if digital assets are owned;
– if income, including income received outside the Republic of Kazakhstan, has been received in an amount exceeding 8,500 times the MCI for the reporting tax period;
– if dividend income, including dividends received outside the Republic of Kazakhstan, has been received in an amount exceeding 230,000 times the MCI for the reporting tax period (Article 417 of the Tax Code of the Republic of Kazakhstan).
Declaration of Assets and Liabilities (Form 250.00): starting from 2025, the initial declaration is required to be filed only by certain categories of individuals, including citizens and residents of the Republic of Kazakhstan who own property outside Kazakhstan, including securities and derivative financial instruments issued by foreign issuers, funds held in foreign brokerage accounts, as well as individuals who own digital assets.		Effective from 1 January 2026: Articles 417 and 422 of the Tax Code of the Republic of Kazakhstan.
If I started investing in 2025, do I need to file an initial declaration, and when?Regardless of when you started investing, you may be required to file either Form 250.00 or Form 270.00. Since 2025, the approach to universal declaration has changed: there is no longer a requirement to file an initial “entry” Declaration of Assets and Liabilities (Form 250.00) in order to subsequently file Form 270.00. Furthermore, an individual investor may not be required to file either Form 250.00 or Form 270.00 if they do not meet the criteria set out in Articles 417 and 422 of the Tax Code of the Republic of Kazakhstan.
Example: an individual investor who is a tax resident of the Republic of Kazakhstan, owns only Kazakhstani securities, has not received any capital gains from them during the reporting tax period, and has no assets outside the Republic of Kazakhstan is not required to file either Form 250.00 or Form 270.00.
Declaration of Assets and Liabilities (Form 250.00): starting from 2025, the initial declaration is required to be filed only by certain categories of individuals, including citizens and residents of the Republic of Kazakhstan who own property outside Kazakhstan, including securities and derivative financial instruments issued by foreign issuers, funds held in foreign brokerage accounts, as well as individuals who own digital assets. If you do not fall within any of the categories specified in Article 422 of the Tax Code of the Republic of Kazakhstan, you are not required to file Form 250.00 (Article 422 of the Tax Code of the Republic of Kazakhstan).
Individual Income and Property Declaration (Form 270.00): if, in 2025, you owned only Kazakhstani securities with a value of less than 20,000 Monthly Calculation Indices (MCI), you are not required to file a declaration in 2026 for 2025. Form 270.00 must be filed in the following cases:
– if capital gains have been received;
– if property, including securities, is owned or has been acquired in an amount exceeding 20,000 MCI;
– if digital assets are owned;
– if income, including income received outside the Republic of Kazakhstan, has been received in an amount exceeding 8,500 times the MCI for the reporting tax period;
– if dividend income, including dividends received outside the Republic of Kazakhstan, has been received in an amount exceeding 230,000 times the MCI for the reporting tax period (Article 417 of the Tax Code of the Republic of Kazakhstan).		Effective from 1 January 2026: Articles 417 and 422 of the Tax Code of the Republic of Kazakhstan.
Which forms need to be completed when filing a declaration for the previous year for the first time? Please provide an example of how to complete the forms.Starting from 2025, the initial Declaration of Assets and Liabilities (Form 250.00) is required to be filed only by certain categories of individuals, i.e. citizens and residents of the Republic of Kazakhstan who, as at 31 December, own property outside Kazakhstan, including funds held in bank accounts with foreign banks where the aggregate amount across all bank deposits exceeds 1,000 times the Monthly Calculation Index (MCI); securities and derivative financial instruments issued by foreign issuers; funds held in foreign brokerage accounts; and digital assets, whether located in the Republic of Kazakhstan or abroad.
If you do not fall within any of the categories specified in Article 422 of the Tax Code of the Republic of Kazakhstan, you are not required to file Form 250.00. In this case, your first declaration may be the Individual Income and Property Declaration (Form 270.00).
If, in 2025, you own only Kazakhstani securities with a value of less than 20,000 MCI, you are not required to file a declaration in 2026 for 2025. Form 270.00 must be filed in the following cases:
– if capital gains have been received;
– if property, including securities, is owned or has been acquired in an amount exceeding 20,000 MCI;
– if digital assets are owned;
– if income, including income received outside the Republic of Kazakhstan, has been received in an amount exceeding 8,500 times the MCI for the reporting tax period;
– if dividend income, including dividends received outside the Republic of Kazakhstan, has been received in an amount exceeding 230,000 times the MCI for the reporting tax period (Article 417 of the Tax Code of the Republic of Kazakhstan).
To file a declaration online, select the most convenient platform  the Taxpayer’s Cabinet, the eGov.kz portal, or the e-Salyq Azamat mobile application — navigate to the relevant section and follow the instructions. The declaration can be signed using an electronic digital signature (EDS) or an SMS password. Answers to tax-related questions are also available through SalyqBot.		Effective from 1 January 2026: Articles 417 and 422 of the Tax Code of the Republic of Kazakhstan.
How should an individual income and property tax return be completed, and what information should be reported in it?
Where and how should a tax return be completed correctly? Is it difficult?To file a tax return online, you should select the most convenient platform  the Taxpayer’s Cabinet, the eGov.kz portal, or the e-Salyq Azamat mobile application navigate to the relevant section and follow the instructions. The tax return can be signed using an electronic digital signature (EDS) or an SMS password. Answers to tax-related questions are also available through SalyqBot.
Civil servants and persons equated to them are required to file the Individual Income and Property Declaration (Form 270.00) annually. The legislation of the Republic of Kazakhstan does not prohibit them from investing their own funds (for example, in shares, bonds, real estate or other assets), provided that they comply with anti-corruption requirements and conflict-of-interest rules.		Effective from 1 January 2026: Article 417 of the Tax Code of the Republic of Kazakhstan.
How can I file Form 270.00 myself?
I need step-by-step instructions on how to file a tax return.
How should an investment-related tax return be filed if you are a civil servant?
What information must be reported in Form 270.00?The Individual Income and Property Declaration (Form 270.00) must disclose accounts receivable owed to the individual by other persons and/or accounts payable owed by the individual to other persons, existing as at the date on which the declaration is prepared.
In addition, certain categories of individuals specified in subparagraphs 4 and 5 of Article 417 of the Tax Code of the Republic of Kazakhstan must disclose information on the acquisition, disposal and/or gratuitous receipt of property, as well as the sources of funds used to cover expenses incurred in acquiring the following property during the reporting tax period, including property located outside the Republic of Kazakhstan:
1) immovable property subject to state or other registration, as well as property in respect of which rights and/or transactions are subject to state or other registration;
2) motor vehicles and trailers subject to state registration;
3) an ownership interest in the charter capital of a legal entity;
4) an equity interest in housing construction;
5) securities;
6) digital assets;
7) derivative financial instruments (except for derivative financial instruments settled through the acquisition or disposal of the underlying asset);
8) investment gold;
9) intellectual property and copyright objects.
Such individuals must also disclose information on funds held in foreign banks located outside the Republic of Kazakhstan, regardless of the amount of the bank deposit.
For reference: failure by an individual to file the Individual Income and Property Declaration within the deadline established by Article 418 of the Tax Code is deemed to constitute confirmation that such individual has no income subject to self-assessed taxation and no property or liabilities specified in this Article (paragraph 8 of Article 417 of the Tax Code). 		Effective from 1 January 2026: Article 417 of the Tax Code of the Republic of Kazakhstan.
Is there an instruction approved by the State Revenue Committee with examples of how to complete Form 270.00 in respect of shares and dividends? When exactly can foreign tax paid on dividends be credited?1. According to the official website of the State Revenue Committee of the Ministry of Finance of the Republic of Kazakhstan, as at January 2026 there was no separate instruction specifically providing examples for completing Form 270.00 in respect of shares and dividends. However, the State Revenue Committee publishes the Form 270.00 completion rules and provides the following information: the availability of assets and liabilities in Kazakhstan relating to securities can be checked through the Central Securities Depository portal. To file a declaration online, taxpayers may use the Taxpayer’s Cabinet, the eGov.kz portal, or the e-Salyq Azamat mobile application, navigate to the relevant section and follow the instructions. The declaration is signed using an electronic digital signature (EDS) or an SMS password. Answers to tax-related questions are also available through SalyqBot. The State Revenue Committee published updated rules for completing Form 270.00 in March 2026.
2. Pursuant to paragraph 1 of Article 413 of the Tax Code of the Republic of Kazakhstan, amounts of income tax paid in foreign jurisdictions may be credited against individual income tax payable in the Republic of Kazakhstan. The foreign tax credit is claimed through Form 270.00 for the year in which the relevant income is declared in Kazakhstan, i.e. for the reporting year in which the dividends were received, provided that the foreign tax was withheld in that year. The declaration must be accompanied by documents confirming the payment or withholding of the foreign tax. Under Article 413 of the Tax Code, such supporting documentation includes a certificate of income received from sources in a foreign state and taxes paid thereon, issued and/or certified by the tax authority of the relevant foreign state.
If the required certificate is unavailable, tax on dividend income must be paid in Kazakhstan at the applicable rates prescribed by the Tax Code. The procedure for crediting and/or refunding an excess amount of individual income tax is governed by Article 847 of the Tax Code. A similar foreign tax credit mechanism was provided for under Articles 303 and 109 of the Tax Code that was in force until 1 January 2026.
Example: if you received dividends on shares in 2025 and 15% tax was withheld from that income in a foreign country, you report those dividends in Form 270.00 for 2025, filed by 15 September 2026. The tax withheld in the foreign country may then be credited when calculating the tax payable in Kazakhstan for 2025. The State Revenue Committee confirms that Form 270.00 for the 2025 reporting year is due by 15 September 2026. The foreign tax credit is available only up to the amount of Kazakhstan tax calculated on the same income. If the amount of tax withheld abroad exceeds the amount of Kazakhstan tax payable on that income, the excess is not refundable and cannot be carried forward to subsequent years.
 		Regarding the foreign tax credit: effective from 1 January 2026 paragraph 1 of Article 413, paragraph 3 of Article 346, and Article 847 of the Tax Code of the Republic of Kazakhstan.
I am a servicemember. My spouse has been an individual entrepreneur (IE) since 2025. We file Form 270.00 annually. Since 2025, my spouse has been purchasing foreign shares. How should we file the declaration for 2025? Should her IE income be included, or should only the shares be reported?Individuals who, as at 31 December of the reporting tax period, have funds held in bank accounts with foreign banks located outside the Republic of Kazakhstan in an aggregate amount exceeding 1,000 times the Monthly Calculation Index (MCI); own property abroad; own securities issued by issuers registered outside the Republic of Kazakhstan; own derivative financial instruments, investment gold or an interest in foreign companies; or have acquired property in the Republic of Kazakhstan and/or abroad with an aggregate value exceeding 20,000 times the MCI applicable as at 31 December of the reporting tax period fall within the categories of individuals required to file Form 270.00.
In your case, your spouse must report in the Individual Income and Property Declaration (Form 270.00) the foreign shares acquired in 2025 if the aggregate value of property acquired during the reporting tax period exceeds 20,000 times the MCI applicable as at 31 December of the reporting tax period, or if such shares are held as at 31 December of the reporting tax period.
Income from her activities as an individual entrepreneur (IE) must be reported in a separate tax return applicable to her principal business activities: Form 910.00 (under the simplified declaration regime), Form 200.00 (under the general taxation regime), or Form 920.00 (for peasant or farm enterprises).		Effective from 1 January 2026: Article 417 of the Tax Code of the Republic of Kazakhstan.
Do I need to report the previous year’s information again in the declaration?There is no need to report the previous year’s information again if you are not filing an amendment for the previous year and you have already declared the relevant assets and income in the previous year’s declaration (for example, Form 250.00 or Form 270.00). If you did not previously declare the assets, they must be reported in the current declaration. If an error was made in the previous year’s declaration, you should file an additional (amended) declaration for the previous year rather than duplicate the information in the new declaration. Effective from 1 January 2026: Articles 417 and 422 of the Tax Code of the Republic of Kazakhstan.
Netting
Is individual income tax (IIT) payable on income from the sale of shares and on dividends received? Is there a brief guide on calculating IIT using the netting of losses? Are stock exchange/brokerage commissions taken into account when netting?Yes. An individual who is a resident of the Republic of Kazakhstan must declare dividend income and capital gains from the disposal of shares in Form 270.00 and pay individual income tax (IIT) at the applicable rates.
IIT on dividend income:
Pursuant to Article 377 and paragraph 3 of Article 363 of the Tax Code of the Republic of Kazakhstan, dividend income is subject to IIT at the following two-tier rates:
– 5% if the amount of income is up to and including 230,000 times the Monthly Calculation Index (MCI);
– 5% on income up to 230,000 times the MCI, plus 15% on the amount exceeding that threshold.
At the same time, pursuant to subparagraph 13) of Article 436 of the Tax Code, dividends on shares included in the official lists of KASE or AIX are exempt from IIT provided that the criteria for active trading in such securities are met (Joint Order “On Determining the Criteria for Trading in Securities on the Stock Exchange of the Astana International Financial Centre”).
IIT on capital gains from securities:
1. The financial result (profit or loss) is determined separately for each transaction involving the disposal of securities. Losses from some transactions are offset against profits from other transactions (netted) within the same tax period (year). The aggregate financial result from all disposal transactions during the year is calculated separately for tax-exempt securities and non-exempt securities and is treated as:
– capital gain, if the resulting amount is positive;
– zero, if the resulting amount is zero or negative.
This means that if an overall loss is incurred during the year on all transactions involving the disposal of securities within a particular category (tax-exempt or non-exempt), such loss cannot be carried forward and cannot be used to reduce the IIT tax base in future tax periods.
2. Brokerage commissions incurred when purchasing securities are included in their initial cost when calculating the financial result, thereby reducing the taxable gain.
3. Pursuant to paragraph 3 of Article 387 and paragraph 1 of Article 363 of the Tax Code, capital gains from the sale of shares whose issuer does not fall within the tax-exempt categories are subject to IIT at the following two-tier rates:
– 10% if the amount of income is up to and including 8,500 times the MCI;
– 10% on income up to 8,500 times the MCI, plus 15% on the amount exceeding that threshold.
4. Capital gains from tax-exempt securities are exempt from taxation. The list of tax-exempt securities is established by paragraph 1 of Article 400 of the Tax Code of the Republic of Kazakhstan. These include instruments included in the official lists of the KASE and AIX stock exchanges, government and agency bonds, units in unit investment funds, as well as shares of companies registered within the Astana International Financial Centre (AIFC). All other securities are subject to IIT under the general rules. Capital gains from the disposal of tax-exempt securities must still be reported in the tax return; however, they may be excluded from the taxable base using the relevant designated lines of the form.
5. Capital gains received by a resident individual during the period from 1 January 2025 to 1 January 2026 are subject to similar provisions of subparagraphs 10–18 of Article 331 of the Tax Code that was in force until 1 January 2026. The difference is that the applicable rate was 10%, as provided for by Article 320 of the Tax Code in force until 1 January 2026. 		Effective from 1 January 2026: Articles 377, 363, 387, 400 and 436 of the Tax Code of the Republic of Kazakhstan
How should I file a tax return if I made a profit from the sale of shares, and what if I incurred a loss?If income is received from the sale of shares:
1. The financial result (profit or loss) is determined separately for each transaction involving the sale (disposal) of securities. Losses from some transactions reduce profits from other transactions (are netted) within the same tax period (year). The aggregate result of all disposal transactions for the year is calculated separately for tax-exempt securities and non-exempt securities and is treated as:
– capital gain, if the resulting amount is positive;
– zero, if the resulting amount is zero or negative.
This means that if an overall loss is incurred during the year on all transactions involving the disposal of securities within a particular category (tax-exempt or non-exempt), such loss cannot be carried forward and cannot be used to reduce the IIT tax base in future tax periods.
2. Brokerage commissions incurred when purchasing securities are included in their initial cost when calculating the financial result, thereby reducing the taxable profit.
3. Pursuant to paragraph 3 of Article 387 and paragraph 1 of Article 363 of the Tax Code of the Republic of Kazakhstan, capital gains from the sale of shares that do not fall within the tax-exempt categories are subject to individual income tax (IIT) at the following two-tier rates:
– 10% if the amount of income is up to and including 8,500 times the Monthly Calculation Index (MCI);
– 10% on income up to 8,500 times the MCI, plus 15% on the amount exceeding that threshold.
4. Capital gains from tax-exempt securities are exempt from taxation. The list of tax-exempt securities is established by paragraph 1 of Article 400 of the Tax Code of the Republic of Kazakhstan. These include instruments included in the official lists of the KASE and AIX stock exchanges, government and agency bonds, units in unit investment funds, as well as shares of companies registered within the Astana International Financial Centre (AIFC). All other securities are subject to IIT under the general rules. Income from the disposal of tax-exempt securities must be reported in the tax return; however, it may be excluded from the taxable base using the relevant designated lines of the form.
5. Capital gains received by a resident individual during the period from 1 January 2025 to 1 January 2026 are subject to similar provisions of paragraphs 10–18 of Article 331 of the Tax Code that was in force until 1 January 2026. The difference is the applicable 10% rate provided for by Article 320 of the Tax Code in force until 1 January 2026.
Accordingly, you should compile the relevant purchase and sale information (date, price, quantity and commission) and calculate the taxable income as follows: profit = proceeds from the sale in tenge − (purchase cost in tenge + brokerage commissions). The final amount of profit is reported in Form 270.00, and IIT is paid, where applicable, at the rates specified above. Income and expenses (purchase and sale prices) relating to securities denominated in a foreign currency are converted into tenge using the official exchange rate of the National Bank of the Republic of Kazakhstan applicable to the relevant transaction dates (from 2025, purchase and sale amounts are calculated on an average basis for the calendar year pursuant to paragraph 7 of Article 383 and paragraph 3 of Article 405 of the Tax Code of the Republic of Kazakhstan).
If a loss is incurred on the sale of shares, as stated above, losses from securities disposal transactions incurred during the reporting period cannot be carried forward to future periods. No IIT is payable for the period in which the loss is incurred because there is no taxable profit.
Despite the absence of capital gains, the Individual Income and Property Declaration (Form 270.00) must still be filed if, during the reporting tax period: property, including securities, with a value exceeding 20,000 MCI was acquired or owned; digital assets were owned; income, including income received outside the Republic of Kazakhstan, exceeded 8,500 times the MCI for the reporting tax period; or dividend income, including dividends received outside the Republic of Kazakhstan, exceeded 230,000 times the MCI for the reporting tax period (Article 417 of the Tax Code of the Republic of Kazakhstan). If none of the acquisitions, property holdings or other circumstances specified in Article 417 of the Tax Code apply during the reporting tax period, Form 270.00 is not required to be filed.		Effective from 1 January 2026: Articles 363, 387, 400 and 417 of the Tax Code of the Republic of Kazakhstan.
ITS
I purchased ITSW and ITSS securities. Do I need to file a tax return?Both securities are Kazakhstani securities. If their aggregate acquisition cost, together with the value of other property acquired during the reporting period and specified in subparagraph 6) of paragraph 1 of Article 417 of the Tax Code of the Republic of Kazakhstan, does not exceed 20,000 Monthly Calculation Indices (MCI), you are not required to file a tax return. If the specified threshold is exceeded, you must file the Individual Income and Property Declaration (Form 270.00).
All cases in which Form 270.00 must be filed are specified in Article 417 of the Tax Code of the Republic of Kazakhstan.		 Effective from 1 January 2026: Article 417 of the Tax Code of the Republic of Kazakhstan.
If I sell shares on ITS, do I have to pay individual income tax (IIT) on the capital gain, and are dividends subject to IIT? If not, will the United States automatically withhold 30% tax on dividends or capital gains from U.S. shares? Please explain the tax implications in the context of the ITS platform, with a focus on ITSW and ITSS. These ETFs are traded on AIX, so does that mean they are tax-exempt?Regarding ITSW / ITSS: Capital gains from the sale of ITSW / ITSS are exempt from taxation in the Republic of Kazakhstan pursuant to paragraph 7 of Article 6 of the Constitutional Law of the Republic of Kazakhstan “On the Astana International Financial Centre”, since these securities are included in the official lists of the AIX stock exchange (the AIFC stock exchange). Dividends are also exempt from taxation, provided that the criteria for active trading in such securities are met (Joint Order “On Determining the Criteria for Trading in Securities on the Stock Exchange of the Astana International Financial Centre”). In both cases, the application of the exemption must be declared.   Regarding U.S. shares: Pursuant to subparagraph 6) of paragraph 1 of Article 400 of the Tax Code of the Republic of Kazakhstan, an individual’s taxable income is reduced, inter alia, by capital gains from the disposal, through open trading on a stock exchange operating in the Republic of Kazakhstan, of securities that are included, as at the date of disposal, in the official lists of that stock exchange (KASE/AIX). Such securities are therefore treated as tax-exempt securities.ITS (International Trading System Ltd.) itself is an international multilateral trading facility (not a stock exchange) operating within the jurisdiction of the Astana International Financial Centre (AIFC).
Pursuant to paragraph 3 of Article 387 and paragraph 1 of Article 363 of the Tax Code of the Republic of Kazakhstan, capital gains from the sale of shares that do not fall within the tax-exempt categories are subject to individual income tax (IIT) at the following two-tier rates:
10% if the amount of income is up to and including 8,500 times the Monthly Calculation Index (MCI);
10% on income up to 8,500 times the MCI, plus 15% on the amount exceeding that threshold.
When dividends are paid by a U.S. share issuer, U.S. withholding tax may be withheld at source at a rate of 15% (if you have submitted Form W-8BEN) or 30% (if Form W-8BEN has not been completed).
Pursuant to paragraph 1 of Article 413 of the Tax Code of the Republic of Kazakhstan, amounts of income tax paid in foreign jurisdictions may be credited against IIT payable in the Republic of Kazakhstan. The tax credit is claimed on the basis of Form 270.00 for the year in which the relevant income is declared in Kazakhstan, i.e. the reporting year in which the dividends were received, provided that the tax was withheld abroad in the same year (paragraph 3 of Article 346 of the Tax Code of the Republic of Kazakhstan).
Documents confirming the withholding of tax must be attached to the declaration. Pursuant to paragraph 1 of Article 413 of the Tax Code of the Republic of Kazakhstan, such supporting document is a certificate stating the amount of income received from sources in a foreign state and the taxes paid thereon, issued and/or certified by the tax authority of the foreign state. In the absence of such a certificate, tax on dividend income must be paid at the rates prescribed by Article 363 of the Tax Code of the Republic of Kazakhstan. A similar foreign tax credit procedure was provided for by Articles 303 and 109 of the Tax Code that was in force until 1 January 2026.Thus, a credit for tax paid in the United States is granted on the basis of a certificate obtained from the U.S. Internal Revenue Service (IRS) specifying the amount of income tax paid in the United States.
Additionally, we would like to note the following. As follows from the above, the wording of the Tax Code of the Republic of Kazakhstan does not allow foreign income tax to be credited on the basis of documents issued by other organisations. This may result in double taxation. In our view, this issue can only be resolved by introducing appropriate amendments to the Tax Code of the Republic of Kazakhstan. In turn, amendments to the Tax Code depend, inter alia, on the position of the State Revenue Committee of the Ministry of Finance of the Republic of Kazakhstan (SRC MF RK). With regard to foreign tax credits, the SRC MF RK takes a conservative approach. We believe that you may contact the SRC MF RK with a proposal to support initiatives to amend the Tax Code of the Republic of Kazakhstan so as to allow a credit for income tax paid in the United States on the basis of a document issued by a broker (or another financial institution) having Qualified Intermediary (QI) status.
The Qualified Intermediary regime was introduced by the U.S. Internal Revenue Service (IRS) in 2001 to combat tax evasion in the United States. It includes rules governing the taxation and reporting of U.S.-source income received by non-U.S. persons through foreign intermediaries.
Qualified Intermediary status is granted to foreign financial institutions, including banks, brokers and asset management companies, under a Qualified Intermediary Agreement entered into with the IRS.
The purpose of such an agreement is to identify persons investing in U.S. securities through foreign intermediaries and to ensure the proper application of double taxation treaties. In this context, a Qualified Intermediary is responsible for, among other things, identifying its clients, correctly applying withholding tax rates, and submitting annual reports to the IRS.
It should be noted that Qualified Intermediary status is subject to regular confirmation. Under the terms of the Qualified Intermediary Agreement, such intermediaries are required to undergo an independent periodic review (certification / periodic review) at least once every three years and submit the results to the IRS. This review is intended to confirm the Qualified Intermediary’s compliance with client identification, correct tax withholding and tax reporting requirements. Major international audit firms, typically firms belonging to the so-called “Big Four,” are engaged to perform such reviews.
If a Qualified Intermediary fails to properly fulfil its tax withholding and reporting obligations, it may incur significant financial losses. A Qualified Intermediary may be held liable for tax that it failed to withhold from payments made to its clients and may also be subject to penalties. Penalties may likewise be imposed for late or incorrect reporting.
Accordingly, a withholding agent holding Qualified Intermediary status is required to possess complete and accurate information regarding U.S.-source income paid to its clients and the amounts of tax withheld from such income. In this regard, we consider it appropriate for brokerage statements (or other documents) issued by Qualified Intermediaries to be treated as equivalent to certificates issued by the U.S. Internal Revenue Service for the purposes of claiming a credit for tax paid in the United States.
 		Regarding the tax credit: effective from 1 January 2026  Article 363 of the Tax Code of the Republic of Kazakhstan; paragraph 3 of Article 387 of the Tax Code of the Republic of Kazakhstan; subparagraph 6) of paragraph 1 of Article 400 of the Tax Code of the Republic of Kazakhstan; paragraph 1 of Article 413 of the Tax Code of the Republic of Kazakhstan; paragraph 3 of Article 346 of the Tax Code of the Republic of Kazakhstan; Article 847 of the Tax Code of the Republic of Kazakhstan.
Regarding ITSW / ITSS securities: the Constitutional Law of the Republic of Kazakhstan “On the Astana International Financial Centre”; the Joint Order “On Determining the Criteria for Trading in Securities on the Stock Exchange of the Astana International Financial Centre.”
Taxes
How should taxes on investment income be paid correctly?Individual income tax (IIT) on investment income in Kazakhstan (for example, income from shares, ETFs and dividends) is paid either through withholding at source (in respect of income such as dividends or interest) or independently by a resident individual (for example, in respect of capital gains). The criteria for individuals required to file the Individual Income and Property Declaration (Form 270.00) and the Declaration of Assets and Liabilities (Form 250.00) are established by Articles 417 and 422 of the Tax Code of the Republic of Kazakhstan, respectively.
Dividends: pursuant to Article 377 and paragraph 3 of Article 363 of the Tax Code, dividend income is subject to IIT at the following two-tier rates:
– 5% if the amount of income is up to and including 230,000 times the Monthly Calculation Index (MCI);
– 5% on income up to 230,000 times the MCI, plus 15% on the amount exceeding that threshold.
At the same time, pursuant to subparagraph 13) of Article 436 of the Tax Code, dividends on shares included in the official lists of KASE or AIX are exempt from IIT provided that the criteria for active trading in such securities are met (Joint Order “On Determining the Criteria for Trading in Securities on the Stock Exchange of the Astana International Financial Centre”). The application of the exemption must be declared.
Capital gains on securities: where income is received from the sale of securities:
1. The financial result (profit or loss) is determined separately for each transaction involving the sale (disposal) of securities. Losses from some transactions reduce profits from other transactions (are netted) within the same tax period (year). The aggregate result of all disposal transactions for the year is calculated separately for tax-exempt securities and non-exempt securities and is treated as:
– capital gain, if the resulting amount is positive;
– zero, if the resulting amount is zero or negative.
This means that if an overall loss is incurred during the year on all disposal transactions involving securities within a particular category (tax-exempt or non-exempt), such loss cannot be carried forward and cannot be used to reduce the IIT tax base in future tax periods.
2. Brokerage commissions incurred when purchasing securities are included in their initial cost when calculating the financial result, thereby reducing the taxable profit.
3. Pursuant to paragraph 3 of Article 387 and paragraph 1 of Article 363 of the Tax Code, capital gains from the sale of shares that do not fall within the tax-exempt categories are subject to IIT at the following two-tier rates:
– 10% if the amount of income is up to and including 8,500 times the MCI;
– 10% on income up to 8,500 times the MCI, plus 15% on the amount exceeding that threshold.
4. Capital gains from tax-exempt securities are exempt from taxation. The list of tax-exempt securities is established by paragraph 1 of Article 400 of the Tax Code. Such securities include instruments included in the official lists of the KASE and AIX stock exchanges, government and agency bonds, units in unit investment funds, as well as shares of companies registered within the Astana International Financial Centre (AIFC). All other securities are subject to IIT under the general rules. Capital gains from the disposal of tax-exempt securities must be reported in the tax return; however, they may be excluded from the taxable base using the relevant designated lines of the form.
5. Capital gains received by a resident individual during the period from 1 January 2025 to 1 January 2026 are subject to similar provisions of paragraphs 10–18 of Article 331 of the Tax Code that was in force until 1 January 2026. The difference is the applicable 10% rate prescribed by Article 320 of the Tax Code in force until 1 January 2026.
Accordingly, you should compile the relevant purchase and sale information (date, price, quantity and commission) and calculate the taxable income as follows: profit = proceeds from the sale in tenge − (purchase cost in tenge + brokerage commissions). The final amount of profit is reported in Form 270.00, and IIT is paid, where applicable, at the rates specified above. Income and expenses (purchase and sale prices) relating to securities denominated in a foreign currency are converted into tenge using the official exchange rate of the National Bank of the Republic of Kazakhstan applicable to the relevant transaction dates (from 2025, purchase and sale amounts are calculated on an average basis for the calendar year pursuant to paragraph 7 of Article 383 and paragraph 3 of Article 405 of the Tax Code of the Republic of Kazakhstan).		Effective from 1 January 2026: Articles 363, 377, 387, 417, 422 and 436 of the Tax Code of the Republic of Kazakhstan.
Filing/non-filing of a tax return by an individual and liability for failure to fileAn individual’s taxable income comprises income received both in the Republic of Kazakhstan and outside the Republic of Kazakhstan (paragraph 1 of Article 371 of the Tax Code of the Republic of Kazakhstan).
When dividends are paid by a share issuer in a foreign jurisdiction, tax may be withheld at source. In this case, amounts of income tax paid in foreign jurisdictions may be credited against individual income tax (IIT) payable in the Republic of Kazakhstan (paragraph 1 of Article 413 of the Tax Code). The tax credit is claimed on the basis of Form 270.00 for the year in which the relevant income is declared in the Republic of Kazakhstan, i.e. the reporting year in which the dividends were received, provided that the tax was withheld abroad in the same year (paragraph 3 of Article 346 of the Tax Code).
Documents confirming the withholding of tax must be attached to the declaration. Pursuant to paragraph 1 of Article 413 of the Tax Code, such supporting document is a certificate stating the amount of income received from sources in a foreign state and the taxes paid thereon, issued and/or certified by the tax authority of the relevant foreign state. In the absence of such a certificate, tax on dividend income must be paid at the rates prescribed by Article 363 of the Tax Code. A similar procedure for crediting foreign tax was provided for by Articles 303 and 109 of the Tax Code that was in force until 1 January 2026.		Effective from 1 January 2026: Articles 346, 363, 413, 417, 436 and 847 of the Tax Code of the Republic of Kazakhstan.