The Ministry of National Economy of Kazakhstan has revealed who is going to pay the so-called luxury tax. According to Vice Minister Azamat Amrin, owners of cars worth more than $111,560 and those who own more than a dozen apartments will pay an increased tax.
Currently, the ministry is working on a new tax code, which is expected to introduce an increased tax for those who own luxury goods. As the official noted, the ministry is going to revise the current taxes rather than introduce a completely new tax.
For example, it is proposed to introduce a progressive scale of...