The authorities of Kazakhstan plan to exempt marketplaces from two taxes, said Minister of Trade and Integration Bakhyt Sultanov on August 20.
There are 13 Kazakhstani digital trading platforms in the country with the most well-known being Kaspi, Chocofamily, Technodom and Mechta.
«In order to support them, we are exploring the issue of additionally exempting them from corporate income tax and personal income tax. Together with the National Bank, we are working on issues of stimulating development of e-commerce through payment systems,» Sultanov stated.
The rate of corporate income tax withheld from taxable income in Kazakhstan is...