Navigating Property Taxes in Kazakhstan: Key Tips for Sellers

Tax Tips for Kazakhstani Property Sellers Selling a property in Kazakhstan can be lucrative, but it's crucial to understand the tax implications. A recent video by Buhconsult highlights the 10% tax on profits from property sold within a year of purchase. This applies to both individuals and entrepreneurs. "Even if you didn't make a profit, the law is the law," states the video's speaker, emphasizing the importance of compliance. The video offers practical advice on minimizing tax liabilities, such as understanding the nuances of property ownership duration. Buhconsult's expertise in accounting and tax advice adds credibility to the information, making it a valuable resource for Kazakhstani citizens navigating property transactions.