Foreign Tech Giants Pay 35 Billion Tenge in 'Google Tax' to Kazakhstan
Photo: Pixabay, illustrative purposes
The digital service tax initiative continues to expand in Kazakhstan, bringing prominent international platforms into the tax framework, Orda reports, citing the Ministry of Finance.
The amount of taxes for the year reached 35 billion tenge.
Since the beginning of 2022, foreign Internet companies must pay the so-called "Google tax."
When selling services and goods online, they must pay VAT to the republic's budget. Refusal to register may result in measures up to and including blocking.
The tax covers 101 registered foreign companies, including major tech players like Huawei, Aliexpress, Google, Apple, and Netflix.
The system recently expanded, with Chinese marketplaces TEMU, Pinduoduo, and Alibaba completing conditional registration at the end of last year.
Original Author: Raushan Korzhumbekova
Latest news
- Ecology Ministry Explains 13 Million Tenge Fine For Picking Dandelions
- Kazakhstan Refineries Increase Oil Processing Depth To 90%
- High Rates No Longer Keep Kazakh Banks’ Profits Rising, Analysts Say
- Almaty Health Officials Prepare for Possible Hantavirus Cases
- Ministry Says Saiga Deaths Remain Within Natural Limits
- Kazakhstan Faces Shortage of Doctors and IT Specialists
- Kazakhstan Petition Calls for VAT Removal on Feminine Hygiene Products
- Kazakhstan to Publish Register of Convicted Economic Crime Offenders
- Kazakhstan’s Economy Grew 3.6% in Four Months
- Shymkent Colleges Used Fictitious Students to Steal Over 1.3 Billion Tenge
- Almaty Court Extends Chechen Activist’s Extradition Arrest
- Record Rainfall Hits Almaty
- Falling Caspian Sea Level Reshapes Northern Coastline
- Kazakhstan Says It Is Ready To Help Resolve Iran’s Nuclear Issue
- Pashinyan Explains Why He Will Skip The EAEU Summit In Astana
- Kazakhstan To Gradually Cut University Programs In Oversupplied Fields
- Kazakhstan Offers Indonesia A Route To Central Asia And Europe
- Kazakhstan Tightens Rules for Master Plans and Urban Development
- Kazakhstan Approves Rules for Digital Tenge Circulation
- Military Jets to Conduct Training Flights Over Astana