Changes In The Digital Mining Taxation In Kazakhstan

This alert highlights the latest changes to the digital mining taxation in Kazakhstan. A part of these changes has been already enacted, while another one will come into effect later.

1) Introduction of the requirement to notify the tax authorities

• Digital mining pools are now obliged to provide the tax authorities with the information on digital assets distributed among digital miners.
• Digital assets exchanges are now obliged to provide the tax authorities with the information on tax residents transactions as well as interest paid to tax residents and non-residents in relation with the digital mining activity.

2) Introduction of the special taxable income calculation