Kazakhstan to improve VAT compliance rules

The Kazakh tax authorities are to take measures to help prevent a growing wave of VAT fraud - similar to that seen in the EU over the past five years.

The Tax and Customs Authority is to publish new guidance and rules in the following areas:

1. New VAT registration applications
2. The introduction of the reverse charge mechanism to reduce the occasions where a VAT registration is required
3. Request cash deposits or bank guarantees for certain importing activities