The primary legal body that establishes and regulates taxation in Kazakhstan is known as the Code of the Republic of Kazakhstan on Taxes. Adopted on December 10th, 2008, this act represents the tax code for the entire country.
There are 12 tax types that fall under the Code of the Republic of Kazakhstan on Taxes act. These include, corporate income tax, branch profit tax, personal income tax, income tax, social tax, value added tax, property tax, excise, rental tax on exports, vehicle tax, land tax and other taxes.
The corporate income tax rate was at 20 percent as of 2010. This includes legal entities and non-resident legal entities within the country borders. The branch profit tax is set at 15 percent and is paid based on net income following corporate tax on permanent establishments.
Following the Kazakhstan Democracy, the personal income tax rate became 10 percent for residents and 15 percent for non-residents. Income tax withheld at the source of payment is applied to the income of non-residents at a rate of 15 percent. Residents of tax havens are subject to a 20 percent tax.
The social tax rate is 11 percent of salaries and benefits of employees. The value added rate is at 12 percent and is applicable to sales on imports and services. Property tax is applied only to the buildings at a rate of 1.5 percent. Excise tax applies to alcohol purchases, liquors, tobaccos, gasoline, gas condensate and crude oil and is a flat rate depending on the type.
Vehicle tax is applied based on engine volume, vehicle weight or the number of seats. Land tax is levied on legal corporations who own plots of land. Other taxes include special taxes for gambling and associated fees.