Kazakhstan Income Tax Exemption for E-Commerce

The Kazakhstan State Revenue Committee has issued a release on the exemption from corporate income tax provided under the new Tax Code in respect of income derived from the sale of goods to individuals via e-commerce. The release notes that the exemption applies subject to the following conditions:

• Registration of transactions for the sale of goods is carried out in electronic form;
• Payment for the goods is made by bank transfer;
• The goods are delivered to the buyer (recipient) by the selle…