How is crypto taxed in Kazakhstan?

Crypto is taxed in Kazakhstan under the ordinary income tax and a set of mining rules. Individuals pay personal income tax on the profit when they sell, miners pay income tax plus an electricity-based fee, and sales can carry VAT unless they go through licensed exchanges in the Astana International Financial Centre (AIFC), as of October 2026.

How is crypto taxed in Kazakhstan for individuals?

The new Tax Code took effect on January 1, 2026. According to a March 2026 guide by Unicase Law Firm, taxable income from a crypto sale is the positive difference between the sale price and the original acquisition cost. PwC lists personal income tax rates for 2026 at 10% on income up to 8,500 MCI (the monthly calculation index used for tax thresholds) and 15% on income above that. Tax residents are taxed on worldwide income.

Earlier rules drew a line by issuer. GRATA International described 2023 amendments under which income from selling digital assets issued by a Kazakh issuer was exempt, while gains on assets from foreign issuers were taxed at 10%. How each rule applies now depends on the 2026 Code, so the older distinction should be checked against current law.

What is the Kazakhstan crypto income tax plan from 2026?

In July 2026 President Kassym-Jomart Tokayev signed a decree to develop the digital asset industry. The Astana Times and Forklog report that it plans to exempt individuals' income from digital asset transactions made through Kazakhstan's regulated infrastructure from personal income tax. Both say the details will follow in a separate action plan with timelines, so the exemption is a policy goal rather than a rule in force. The licensing system behind that infrastructure is described in is crypto legal in Kazakhstan.

How is bitcoin mining taxed in Kazakhstan?

Mining is a licensed activity and has its own tax rules. Unicase says mined coins are taxed as income when received, at 20% for companies, and at progressive rates of 10% to 15% for individual entrepreneurs, depending on their tax regime. Later sales of mined coins are left out of annual income to avoid taxing the same value twice.

Miners also pay a digital mining fee based on the electricity they consume. The general rate is KZT 2 per kWh, a lower KZT 1 applies to renewable or self-generated power, and a penalty rate of KZT 25 applies in cases such as missing or faulty meters. Mining pools must report the coins they distribute to the tax authority. The 2026 decree also plans to let gas from oil fields power isolated generation for mining. For mining tax in general, see how crypto mining is taxed.

Is VAT charged on crypto in Kazakhstan?

Sometimes. Unicase says sales of digital assets used to be exempt from VAT, but from January 1, 2026 the exemption covers only services of AIFC-licensed digital asset exchanges. Other sales or transfers may be subject to VAT at 16%.

Rules differ by country and change often. Check the tax authority or a qualified professional for your own situation.