Kazakhstan sees rise in tax revenues
Kazakhstan's private owners paid taxes worth 26.6 billion tenges
(about $146 million) in January- August 2014, the analytical
service Ranking.kz reported.
"The budget revenues from individuals' property taxes rose by 13
percent compared to last year. The average property tax per citizen
of Kazakhstan exceeded 1,500 tenge's in 8 months," the analysts
said.
"Three regions - Almaty, Astana and Almaty province in total
provided 49 percent of all tax revenues from the individuals'
properties. The private owners in the southern capital [Almaty]
increased tax payments by 25 percent throughout the year, up to 7.2
million tenges," the message read.
Analysts said that within the tax revenues from individuals'
properties, the main place is held by motor vehicles. Between
Jan.-Aug. 2014, vehicle owners paid some 21.6 billion tenges to the
budget. This figure holds 81.3 percent of the total property taxes
of individuals.
The specific gravity of the property taxes stands at 14.8 percent
(4 billion tenges).
Almaty provides 35 percent of all revenues from the individuals'
property tax (1.4 billion tenges), and Astana - 28.4 percent (1.1
billion tenges).
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