
Kazakhstan's Untapped 1% Tax: Why Apartment Rental Income Remains Largely Untaxed
Kazakhstan grapples with apartment rental tax evasion despite simple mobile app system. Tax expert Aihan Balakeshova, in an interview with Atameken Business, highlights the difficulty of tracking informal rental income. "To catch someone for tax evasion, you need concrete proof of income," Balakeshova explains. Many landlords with multiple properties are evading taxes, she notes, while a simple 1% tax system through a mobile app remains underutilized. This situation underscores the challenges of enforcing tax regulations in the informal economy and the need for more effective monitoring systems. The 1% tax option, while simple, appears to be bypassed by many, raising questions about the effectiveness of current tax policies and enforcement.