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Tax on the Sale of Property in 2026: When Does Tax Arise on the Profit from a Sale? 06.08.2026
With the entry into force of the new Tax Code of the Republic of Kazakhstan (No. 214-VIII), the rules for paying individual income tax (IIT) on the sale of property have changed, but a transitional period has been provided.What is a “capital gain” and when does tax arise?If you sell property for more than you originally paid for it, the difference is your income (capital gain). It is this net profit that is subject to a 10% tax.However, tax is not always payable. It depends on what exactly you owned and how long the property was in your ownership.Sale of real estate: new holding periods and the transitional periodThe main change in 2026 is that the minimum ownership period for residential property to be sold tax-free increases from 1 year to 2 years.To ensure that this does not come as a surprise to citizens, a transitional rule has been introduced for 2026–2027:If you purchased an apartment before January 1, 2026: the previous rules continue to apply to you. If you sell it after owning it for 1 year, the tax is 0 tenge.If you purchased an apartment after January 1, 2026: to avoid paying tax, you will have to wait 2 years from the date of registration of ownership rights.From 2028: the two-year rule will apply uniformly to everyone.What about newly built properties?When assigning rights of claim in a multi-apartment residential building under a shared-equity participation agreement in housing construction, no tax is payable if 3 years have passed from the date of signing the shared-equity participation agreement or 2 years from the date of registration of ownership rights.When is no tax exemption provided at all?Tax must be paid on any profit, regardless of how long you have owned the property, if you sell:Commercial real estate in Kazakhstan (offices, stores, warehouses, business premises);Any residential property or real estate located abroad.Sale of vehiclesFor vehicles registered in Kazakhstan: the previous rule applies. If the vehicle has been owned for 1 year or more, no tax is payable upon its sale.If you sell it less than one year after purchase and for a price higher than the purchase price, you pay tax only on the difference.For vehicles registered abroad, tax on the capital gain must be paid regardless of how long you have owned the vehicle.Cryptocurrency and securitiesIf you invest in digital assets (cryptocurrency), please note that tax is payable on them regardless of the ownership period. Special rules continue to apply to securities, allowing both investment gains and losses to be taken into account.How is the initial cost determined if there are no receipts or contracts?Under the law, your profit is calculated as the “sale price minus the purchase price.” But what if the old apartment sale and purchase agreement has been lost? In this case, the tax authorities will use the official appraised or cadastral value of the property as the basis.If you imported and cleared a vehicle through customs from abroad, the initial cost officially includes the customs duties, VAT, excise taxes, and recycling fee paid by you. This will reduce the final amount of tax.Quick guideApartment / house / summer house / garage in Kazakhstan: can be sold tax-free after 2 years (or after 1 year if purchased before January 1, 2026).Vehicle registered in Kazakhstan: can be sold tax-free after 1 year.Commercial real estate, foreign real estate, and cryptocurrency: tax is always payable on the profit.Source : https://www.gov.kz/memleket/entities/kgd-almaty/press/news/details/1270202?lang=ru
Kazakhstan and Türkiye Strengthen Political Dialogue 06.08.2026
Ankara, 5 August 2026 – During his working visit to Ankara, Deputy Minister of Foreign Affairs of the Republic of Kazakhstan Arman Issagaliyev held negotiations with Deputy Ministers of Foreign Affairs of the Republic of Türkiye Ayşe Berris Ekinci and Musa Kulaklıkaya.During the meetings, special attention was paid to opportunities for further strengthening relations based on an enhanced strategic partnership, covering a wide range of political, trade-economic, and cultural-humanitarian fields.The parties exchanged views on the progress of bilateral and multilateral cooperation between Kazakhstan and Türkiye, as well as current issues on the regional agenda, and outlined concrete steps to implement the agreements reached at the high and highest levels.Ways to develop cooperation within international platforms, including the Organization of Islamic Cooperation and the Organization of Turkic States, were discussed.Following the meetings, the sides reaffirmed their commitment to continuing effective cooperation on a systematic basis in the discussed areas.Source : https://www.gov.kz/memleket/entities/mfa/press/news/details/1270184?lang=ru
Heads of Foreign Ministries of Kazakhstan and Romania Hold Telephone Conversation 06.08.2026
Astana, 6 August 2026 - Minister of Foreign Affairs of the Republic of Kazakhstan Yermek Kosherbayev held a telephone conversation with Acting Minister of Foreign Affairs of Romania Oana Țoiu.During the conversation, the sides discussed the current state and prospects for the development of Kazakhstan-Romania cooperation, reaffirming their mutual interest in further strengthening political dialogue, expanding trade and economic ties, and intensifying cooperation in priority areas.Particular attention was paid to energy cooperation, which is of strategic importance for bilateral relations. In this context, the interlocutors discussed the situation surrounding the Caspian Pipeline Consortium (CPC), which plays a key role in ensuring the export of Kazakh oil to international markets. Emphasizing the strategic importance of the stable operation of energy infrastructure and ensuring reliable hydrocarbon supplies to the European market, the sides condemned any actions that pose a threat to the functioning of CPC infrastructure and the security of energy supplies.The Heads of the Foreign Ministries noted their mutual interest in further developing practical cooperation between Kazakhstan and Romania in the energy sector, as well as in strengthening the resilience of existing cooperation mechanisms.In conclusion, Acting Minister Țoiu invited Minister Kosherbayev to pay an official visit to Romania, noting the importance of continuing regular political dialogue and maintaining high-level contacts.https://www.gov.kz/memleket/entities/mfa/press/news/details/1270165?lang=ruSource : https://www.gov.kz/memleket/entities/mfa-bucharest/press/news/details/1270188?lang=ru
The Trade Committee has summarized the results for the first half of the year: the rate of price growth for socially significant goods has slowed fourfold. 06.08.2026
The Trade Committee of the Ministry of Trade and Integration of the Republic of Kazakhstan has summarized the results of its work for the first half of 2026. During the meeting, the results of measures to stabilize prices for socially significant food products were reviewed, as well as the effectiveness of the work of territorial departments.Thanks to the systematic work carried out, the growth rate of prices for socially significant goods in the country has significantly decreased compared to the same period — by 4.6 percent.This was achieved by strengthening state control, expanding the list of goods under monitoring, as well as support measures for domestic producers.A total of 3,907 administrative cases were registered, of which 2,391 are related to exceeding the permissible trade markup. As a result of the work of regional commissions, 2,322 violations were identified, and 164 inefficient intermediaries were eliminated from supply chains.In addition, as part of control measures, more than 46.5 thousand illegally imported eggs were seized, digital food vouchers were introduced, as well as price monitoring for 31 commodity items. 132 agricultural fairs were organized weekly. The modernization of 25 trade markets and the strengthening of executive discipline for the timely provision of information are under special control.At the same time, following the results of June, a decrease in the effectiveness of price control work was noted in certain regions.The work of Atyrau and North Kazakhstan regions in the field of state control was criticized. In particular, in the Atyrau region, only 12 violations were identified in the first half of the year, which indicates insufficient effectiveness of control activities. In addition, since the beginning of the year, not a single inefficient intermediary has been eliminated from the market in Abai, Aktobe, Karaganda, Zhambyl, Turkestan regions and the city of Astana.«We do not need meetings held for the sake of reporting. We need a concrete result — identifying violations, eliminating inefficient intermediaries from the market, and preventing unjustified price increases remain our main tasks», — emphasized Yernur Zhautykov, Chairman of the Trade Committee, outlining strict requirements for the quality of control work.Following the results of the board meeting, it was instructed to complete the modernization of trade markets by the end of 2026. The main priorities for the second half of the year are maintaining price stability, developing small "near-home" fairs, as well as implementing the digital food voucher project.Source : https://www.gov.kz/memleket/entities/mti/press/news/details/1270158?lang=ru
Kazakhstan’s National Product Catalog: clothing and transport lead in the number of registered items 06.08.2026
According to the National Product Catalog, as of August 2026, over 29 million product items are registered in the registry. The largest share of registered product cards belongs to clothing and everyday goods.An analysis of the distribution by OKTRU categories in the National Product Catalog shows a clear leadership of two industries. Clothing and everyday goods rank first by a wide margin – over 8 million registered cards in this category, which accounts for a significant portion of the entire catalog. In second place are vehicles and transport equipment – over 2 million products, followed by equipment and materials for engineering systems – over 1 million cards.The top 10 also includes construction products, furniture and interior items, food and beverages, building materials, jewelry, machinery and equipment, as well as printed products.This distribution reflects the structure of the Kazakhstani consumer goods market and confirms the demand for the NPC primarily among manufacturers and importers of mass-market goods – segments with the most dynamic turnover and a high need for product traceability.The National Product Catalog (NPC) is a centralized state database containing information on all goods produced and imported in the Republic of Kazakhstan. The mandatory use of the NPC as a unified state product reference book is enshrined in the Law of the Republic of Kazakhstan No. 215-VIII dated July 18, 2025.Each product in the catalog is assigned a unique identification code NTIN – a 13-digit number used at all stages of the product life cycle: during production, import, storage, sale, issuance of electronic invoices, and in the operation of cash registers. The code is issued free of charge and is valid indefinitely.As of July 1, 2026, the transitional period for implementing NPC requirements for the last category of market participants – small and micro-business entities, including convenience stores – has ended. As of today, all categories of trading participants – from large importers and manufacturers to small retail outlets – are required to use it as a unified product reference book.Source : https://www.gov.kz/memleket/entities/mti/press/news/details/1270147?lang=ru
Society More
Tax on the Sale of Property in 2026: When Does Tax Arise on the Profit from a Sale? 06.08.2026
With the entry into force of the new Tax Code of the Republic of Kazakhstan (No. 214-VIII), the rules for paying individual income tax (IIT) on the sale of property have changed, but a transitional period has been provided.What is a “capital gain” and when does tax arise?If you sell property for more than you originally paid for it, the difference is your income (capital gain). It is this net profit that is subject to a 10% tax.However, tax is not always payable. It depends on what exactly you owned and how long the property was in your ownership.Sale of real estate: new holding periods and the transitional periodThe main change in 2026 is that the minimum ownership period for residential property to be sold tax-free increases from 1 year to 2 years.To ensure that this does not come as a surprise to citizens, a transitional rule has been introduced for 2026–2027:If you purchased an apartment before January 1, 2026: the previous rules continue to apply to you. If you sell it after owning it for 1 year, the tax is 0 tenge.If you purchased an apartment after January 1, 2026: to avoid paying tax, you will have to wait 2 years from the date of registration of ownership rights.From 2028: the two-year rule will apply uniformly to everyone.What about newly built properties?When assigning rights of claim in a multi-apartment residential building under a shared-equity participation agreement in housing construction, no tax is payable if 3 years have passed from the date of signing the shared-equity participation agreement or 2 years from the date of registration of ownership rights.When is no tax exemption provided at all?Tax must be paid on any profit, regardless of how long you have owned the property, if you sell:Commercial real estate in Kazakhstan (offices, stores, warehouses, business premises);Any residential property or real estate located abroad.Sale of vehiclesFor vehicles registered in Kazakhstan: the previous rule applies. If the vehicle has been owned for 1 year or more, no tax is payable upon its sale.If you sell it less than one year after purchase and for a price higher than the purchase price, you pay tax only on the difference.For vehicles registered abroad, tax on the capital gain must be paid regardless of how long you have owned the vehicle.Cryptocurrency and securitiesIf you invest in digital assets (cryptocurrency), please note that tax is payable on them regardless of the ownership period. Special rules continue to apply to securities, allowing both investment gains and losses to be taken into account.How is the initial cost determined if there are no receipts or contracts?Under the law, your profit is calculated as the “sale price minus the purchase price.” But what if the old apartment sale and purchase agreement has been lost? In this case, the tax authorities will use the official appraised or cadastral value of the property as the basis.If you imported and cleared a vehicle through customs from abroad, the initial cost officially includes the customs duties, VAT, excise taxes, and recycling fee paid by you. This will reduce the final amount of tax.Quick guideApartment / house / summer house / garage in Kazakhstan: can be sold tax-free after 2 years (or after 1 year if purchased before January 1, 2026).Vehicle registered in Kazakhstan: can be sold tax-free after 1 year.Commercial real estate, foreign real estate, and cryptocurrency: tax is always payable on the profit.Source : https://www.gov.kz/memleket/entities/kgd-almaty/press/news/details/1270202?lang=ru
Kazakhstan and Türkiye Strengthen Political Dialogue 06.08.2026
Ankara, 5 August 2026 – During his working visit to Ankara, Deputy Minister of Foreign Affairs of the Republic of Kazakhstan Arman Issagaliyev held negotiations with Deputy Ministers of Foreign Affairs of the Republic of Türkiye Ayşe Berris Ekinci and Musa Kulaklıkaya.During the meetings, special attention was paid to opportunities for further strengthening relations based on an enhanced strategic partnership, covering a wide range of political, trade-economic, and cultural-humanitarian fields.The parties exchanged views on the progress of bilateral and multilateral cooperation between Kazakhstan and Türkiye, as well as current issues on the regional agenda, and outlined concrete steps to implement the agreements reached at the high and highest levels.Ways to develop cooperation within international platforms, including the Organization of Islamic Cooperation and the Organization of Turkic States, were discussed.Following the meetings, the sides reaffirmed their commitment to continuing effective cooperation on a systematic basis in the discussed areas.Source : https://www.gov.kz/memleket/entities/mfa/press/news/details/1270184?lang=ru
Heads of Foreign Ministries of Kazakhstan and Romania Hold Telephone Conversation 06.08.2026
Astana, 6 August 2026 - Minister of Foreign Affairs of the Republic of Kazakhstan Yermek Kosherbayev held a telephone conversation with Acting Minister of Foreign Affairs of Romania Oana Țoiu.During the conversation, the sides discussed the current state and prospects for the development of Kazakhstan-Romania cooperation, reaffirming their mutual interest in further strengthening political dialogue, expanding trade and economic ties, and intensifying cooperation in priority areas.Particular attention was paid to energy cooperation, which is of strategic importance for bilateral relations. In this context, the interlocutors discussed the situation surrounding the Caspian Pipeline Consortium (CPC), which plays a key role in ensuring the export of Kazakh oil to international markets. Emphasizing the strategic importance of the stable operation of energy infrastructure and ensuring reliable hydrocarbon supplies to the European market, the sides condemned any actions that pose a threat to the functioning of CPC infrastructure and the security of energy supplies.The Heads of the Foreign Ministries noted their mutual interest in further developing practical cooperation between Kazakhstan and Romania in the energy sector, as well as in strengthening the resilience of existing cooperation mechanisms.In conclusion, Acting Minister Țoiu invited Minister Kosherbayev to pay an official visit to Romania, noting the importance of continuing regular political dialogue and maintaining high-level contacts.https://www.gov.kz/memleket/entities/mfa/press/news/details/1270165?lang=ruSource : https://www.gov.kz/memleket/entities/mfa-bucharest/press/news/details/1270188?lang=ru
The Trade Committee has summarized the results for the first half of the year: the rate of price growth for socially significant goods has slowed fourfold. 06.08.2026
The Trade Committee of the Ministry of Trade and Integration of the Republic of Kazakhstan has summarized the results of its work for the first half of 2026. During the meeting, the results of measures to stabilize prices for socially significant food products were reviewed, as well as the effectiveness of the work of territorial departments.Thanks to the systematic work carried out, the growth rate of prices for socially significant goods in the country has significantly decreased compared to the same period — by 4.6 percent.This was achieved by strengthening state control, expanding the list of goods under monitoring, as well as support measures for domestic producers.A total of 3,907 administrative cases were registered, of which 2,391 are related to exceeding the permissible trade markup. As a result of the work of regional commissions, 2,322 violations were identified, and 164 inefficient intermediaries were eliminated from supply chains.In addition, as part of control measures, more than 46.5 thousand illegally imported eggs were seized, digital food vouchers were introduced, as well as price monitoring for 31 commodity items. 132 agricultural fairs were organized weekly. The modernization of 25 trade markets and the strengthening of executive discipline for the timely provision of information are under special control.At the same time, following the results of June, a decrease in the effectiveness of price control work was noted in certain regions.The work of Atyrau and North Kazakhstan regions in the field of state control was criticized. In particular, in the Atyrau region, only 12 violations were identified in the first half of the year, which indicates insufficient effectiveness of control activities. In addition, since the beginning of the year, not a single inefficient intermediary has been eliminated from the market in Abai, Aktobe, Karaganda, Zhambyl, Turkestan regions and the city of Astana.«We do not need meetings held for the sake of reporting. We need a concrete result — identifying violations, eliminating inefficient intermediaries from the market, and preventing unjustified price increases remain our main tasks», — emphasized Yernur Zhautykov, Chairman of the Trade Committee, outlining strict requirements for the quality of control work.Following the results of the board meeting, it was instructed to complete the modernization of trade markets by the end of 2026. The main priorities for the second half of the year are maintaining price stability, developing small "near-home" fairs, as well as implementing the digital food voucher project.Source : https://www.gov.kz/memleket/entities/mti/press/news/details/1270158?lang=ru
Kazakhstan’s National Product Catalog: clothing and transport lead in the number of registered items 06.08.2026
According to the National Product Catalog, as of August 2026, over 29 million product items are registered in the registry. The largest share of registered product cards belongs to clothing and everyday goods.An analysis of the distribution by OKTRU categories in the National Product Catalog shows a clear leadership of two industries. Clothing and everyday goods rank first by a wide margin – over 8 million registered cards in this category, which accounts for a significant portion of the entire catalog. In second place are vehicles and transport equipment – over 2 million products, followed by equipment and materials for engineering systems – over 1 million cards.The top 10 also includes construction products, furniture and interior items, food and beverages, building materials, jewelry, machinery and equipment, as well as printed products.This distribution reflects the structure of the Kazakhstani consumer goods market and confirms the demand for the NPC primarily among manufacturers and importers of mass-market goods – segments with the most dynamic turnover and a high need for product traceability.The National Product Catalog (NPC) is a centralized state database containing information on all goods produced and imported in the Republic of Kazakhstan. The mandatory use of the NPC as a unified state product reference book is enshrined in the Law of the Republic of Kazakhstan No. 215-VIII dated July 18, 2025.Each product in the catalog is assigned a unique identification code NTIN – a 13-digit number used at all stages of the product life cycle: during production, import, storage, sale, issuance of electronic invoices, and in the operation of cash registers. The code is issued free of charge and is valid indefinitely.As of July 1, 2026, the transitional period for implementing NPC requirements for the last category of market participants – small and micro-business entities, including convenience stores – has ended. As of today, all categories of trading participants – from large importers and manufacturers to small retail outlets – are required to use it as a unified product reference book.Source : https://www.gov.kz/memleket/entities/mti/press/news/details/1270147?lang=ru