Kazakhstan clarifies tax exemption criteria for dividends from listed securities
7 Dec 2022
On 17 November 2022, the Government of Kazakhstan issued Resolution No. 911 clarifying tax exemption criteria for dividends from listed securities. The Resolution enters into force on 1 January 2023. Dividends from listed securities will be exempted under the following criteria:
- the volume of transactions with securities is at least KZT 25 million per calendar month; and
- the number of transactions with securities is at least 50 transactions per calendar month.