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In Kazakhstan plan to impose a uniform tax at sale of housing

1 april 2016

Since 2017 all Kazakhstan citizens will be obliged to pay a 10% tax at property sale irrespective of possession term. Such norm is brought in the concept of the new Tax code of RK which will start working with the beginning of the next year.

We will remind, by the operating version of the code if the house or the apartment is in property of the citizen more than one year, at sale of object it is exempted from the taxation. In November, 2015 this norm was cleaned. Therefore within March in city departments of state revenues hearings are conducted, offers are made. For this purpose tax specialists invite businessmen, members of public associations. At the last meeting the correspondent of "Krisha" received some particulars of calculation of this tax.

Edil Azimshayk

chief of the department of an explanation of the tax law of department of state revenues of Almaty

- Our working group, proceeding from fair approach, suggests to consider the amount of official inflation which influences the cost of property and depreciation of money, and also expenses incurred at maintenance of real estate during possession at calculation of this tax. One more option — to exempt from payment of a tax at sale of real property of those owners who sells one real estate during the term of limitation period that is once in five years.

Besides, according to the speaker, it is offered to unite a real estate tax and the land plot and to call "A tax on property". We will remind, still cost as land plot, and housing constructions paid off annually state agency on base rates.

— By calculation of this tax there are some offers: for example, owners of private houses will have to carry out once in five years an independent assessment of the housing. For owners of apartments, perhaps, the cadastral cost of the land will be considered, and the cost of apartments will annually count state agency, proceeding from the actual transactions and the real sums, but not according to announcements as they do now — Azimshayyk noted.

Changes on all types of tax have to be accepted until the end of September of the current year.


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