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3232Kazakhstan President Signs Law Increasing Tax Burden for Crypto Miners
https://www.digit.info/kazakhstan-president-signs-law-increasing-tax-burden-for-crypto-miners/
Wed, 13 Jul 2022 04:30:47 +0000https://www.digit.info/2022/07/13/kazakhstan-president-signs-law-increasing-tax-burden-for-crypto-miners/Read more]]>President of Kazakhstan Kassym-Jomart Tokayev has signed into law a bill amending the country’s Tax Code to impose higher tax rates on crypto miners. The levy will depend on the amount and average price of electricity utilized in the extraction of digital currencies like bitcoin. Cryptocurrency Miners in Kazakhstan to Pay Higher Taxes President Tokayev […]
]]>Kazakhstan President Orders Government to Find All Miners and Raise Tax by April
https://www.digit.info/kazakhstan-president-orders-government-to-find-all-miners-and-raise-tax-by-april/
Thu, 10 Feb 2022 14:30:12 +0000https://www.digit.info/2022/02/10/kazakhstan-president-orders-government-to-find-all-miners-and-raise-tax-by-april/Read more]]>President of Kazakhstan Kassym-Jomart Tokayev has instructed authorities to identify all crypto mining enterprises and increase the electricity surcharge they are required to pay. The state is not against legal mining activities, but crypto farms should be licensed and taxed, Tokayev insisted. Miners in Kazakhstan to Pay Higher Electricity Tariffs On top of electricity shortages […]