20% standard rate, confirmed via a new Tax Code of the Republic of Kazakhstan effective January 1, 2026. Under this reform, differentiated sector rates now apply: 25% for second-tier banks and gambling businesses (though the 20% rate is retained specifically for bank income derived from lending to business entities), and a reduced rate for social-sector organizations (5% in 2026, rising to 10% from 2027), confirmed via an EY tax alert on the Kazakhstan legislative update. The Astana International Financial Centre (AIFC) offers a 0% corporate income tax rate for qualified participants until 2066, confirmed via TaxAtlas.
Personal income tax became progressive for the first time under the new 2026 Tax Code, confirmed via the same EY alert - a significant structural change from Kazakhstan's long-standing flat 10% rate that some sources have not yet updated to reflect. Wages up to 8,500 MCI (Monthly Calculation Index) are taxed at 10%; the excess above that threshold is taxed at 15%. Dividend income up to 230,000 MCI is taxed at 5%; the excess is taxed at 15%. Non-residents face varying rates on Kazakhstan-source income depending on income type.
16% standard rate, confirmed via the same EY alert on the 2026 Tax Code - an increase from a prior 12% rate that some older sources still show. Exempt supplies include financial services, medical services, education, and residential property sales.
An individual present in Kazakhstan for 183 days or more in a calendar year is a tax resident, confirmed via TaxAtlas. Residents are taxed on worldwide income. Non-resident legal entities are taxed if operating through a permanent establishment or receiving Kazakhstan-source income, confirmed via Moore Kazakhstan's summary of the new 2026 Tax Code - notably, government institutions are not CIT taxpayers, though state secondary education organizations were specifically removed from the non-taxpayer list under the 2026 reform.
Confirmed directly via GSL's specialist tax-law profile, with a specific statutory definition: under the Kazakhstan Tax Code, a foreign entity is a CFC if it simultaneously meets two conditions - (1) 25% or more of shares are owned directly, indirectly, or structurally by a Kazakh legal entity, or the entity is otherwise related to a Kazakh resident by control; and (2) either the non-resident company's effective income tax rate is below 10%, or the company is registered in a jurisdiction on Kazakhstan's blacklist. Specific exemptions from CFC classification exist under further conditions not fully detailed in sources reviewed this session.
No specific numeric thin capitalization ratio was identified in available sources this session.
No domestic FBAR/Form 8938-equivalent requiring Kazakhstan residents to self-report their own foreign accounts was identified. Banks and financial institutions in Kazakhstan have been tightening onboarding and ongoing-transaction monitoring procedures in recent years, confirmed via a specialist source, consistent with broader international tax transparency trends though specific CRS/FATCA operational status was not independently confirmed this session. Separately and independently of local law, US citizens and Green Card holders with Kazakhstan accounts remain obligated to file FinCEN Form 114 (FBAR) once aggregate foreign accounts exceed USD 10,000, and potentially Form 8938, regardless of local requirements.
Kazakhstan has approximately 55 double taxation agreements, confirmed via TaxAtlas, reflecting its position between Europe and Asia and significant foreign investment in extractive industries. The Multilateral Convention to Implement Tax Treaty Related Measures to Prevent BEPS (MLI) entered into force in Kazakhstan on October 1, 2020, confirmed directly via PwC, affecting covered treaties where both contracting states have extended MLI provisions to each other - notably including the principal purpose test, which can deny treaty benefits where obtaining that benefit was a principal purpose of the underlying arrangement. Under the 2026 Tax Code, technology companies operating within Astana Hub retain a tax exemption on payments to non-residents for income and royalties, extended until 2029, confirmed via a specialist source.