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Article 477. Turnover of financial transactions exempt from Value Added Tax Tax Tax Code of the Republic of Kazakhstan
1.financial transactions provided for in Paragraph 2 of this article are exempt from Value Added Tax.
2. financial transactions exempt from Value Added Tax include:
1) transactions with securities;
2) services of professional participants in the securities market, as well as persons carrying out professional activities in the securities market without a license in accordance with the legislation of the Republic of Kazakhstan on permits and notifications;
3) transactions with derivative financial instruments;
4) insurance (reinsurance) operations, as well as services of insurance brokers (insurance agents) for the conclusion and execution of insurance (reinsurance) contracts;
5) activities on asset management of the state pension fund;
6) services for managing rights of claim on mortgage housing loans;
7) holding a share of participation;
8) provision by a credit partnership to its participants of guarantees, guarantors and other obligations, which provide for fulfillment in monetary form for the participants of the credit partnership;
9) sale of investment gold through metal accounts opened with the National Bank for the category of legal entities serviced by second-tier banks, as well as the National Bank;
10) transfer of the right of claim on loans (loans ,micro-loans) ;
11) operations specified in paragraph 3 of this article;
12) services of the unified accumulative pension fund and voluntary accumulative pension funds for attracting pension contributions and voluntary pension contributions, distribution and Offset of investment income received from pension assets;
13) guarantee of obligations of private business entities carried out by the special fund for the development of private entrepreneurship within the framework of the system of guaranteeing obligations of private business entities;
14) services of the social health insurance fund for the consolidation of contributions and contributions to compulsory social health insurance, the acquisition of services for the provision of medical care from healthcare entities, the implementation of other functions defined by the laws of the Republic of Kazakhstan;
15) foreign currency exchange operations, including foreign currency exchange operations in cash;
16) operations with payment cards.
3.the amount of the surcharge price of the goods sold by the Islamic Bank to the buyer, determined by the terms of the commercial loan agreement concluded in accordance with the banking legislation of the Republic of Kazakhstan, is exempt from Value Added Tax.
The provisions of this paragraph:
1) without contracts for the subsequent sale of goods to a third party;
2) transfer of property by an Islamic Bank in accordance with the banking legislation of the Republic of Kazakhstan within the framework of financing individuals and legal entities as a trade intermediary by providing commercial loans on the terms of subsequent sale of goods to a third party.
The provisions of this paragraph do not apply to cases of sale of goods by an Islamic Bank to a third party when the buyer refuses to fulfill a commercial loan agreement.
4.services for organizational and technical support of trading, issuance, conversion and storage of digital assets, provided by a digital asset exchange authorized to carry out activities on the territory of the AIFC, are exempt from Value Added Tax.
Code of the Republic of Kazakhstan dated July 18, 2025 No. 214-VIII kr
President
Republic of Kazakhstan
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To recognize as invalid the Code of the Republic of Kazakhstan (tax code) of December 25, 2017 "on taxes and other mandatory payments to the budget" from January 1, 2026 in connection with the entry into force of the tax code of the Republic of Kazakhstan dated July 18, 2025 No. 214-VIII.
Article 477. Procedure for calculating and paying excise taxes by taxpayers for structural divisions, objects related to taxation code of the Republic of Kazakhstan on taxes and other mandatory payments to the budget (tax code)
1.excise tax calculations (hereinafter referred to as excise calculations) for excisable operations performed during the tax period by a structural division of a legal entity, as well as objects related to taxation, are drawn up separately.
On the basis of the excise accounting, the amount of excise tax payable for the structural unit of the legal entity, as well as objects related to taxation, is determined.
2.excise payers are obliged to submit an excise report to the tax authorities at the location of a structural subdivision of a legal entity, objects related to taxation within the time limits established by Article 478 of this code.
Excise payers who have several tax-related objects registered with the same tax authority submit one excise report for all objects.
3.payment of excise taxes for structural divisions of a legal entity, objects related to taxation, including current payments, is made by the legal entity paying excise directly from its bank account or is assigned to the structural division of the legal entity.
4.individual entrepreneurs submit a calculation for excise tax payable for objects related to taxation at the location of objects related to taxation.
On taxes and other mandatory payments to the budget (tax code) on customs regulation On Subsoil and subsoil use administrative procedural and procedural on Public Health and the health system Ecology social code Civil Criminal Procedure commentary (commentary) on the criminal Criminal Code normative resolution of the Supreme Court, Republic of Kazakhstan
