Why would I lie here? What it achieves. As I said before I did it to vent my frustrations. Because I don't wanna tell other people that know me...
Well, as everyone noted it is written that the capital gains tax is 10%. And almost nowhere people talk about that damb clause, where they might...
I posted translated law before on this thread with exact instructions
Even knowing how dumb my country laws can be, I didn't believe in the beginning. That's why I went to a big4 tax consultant. And unfortunately...
I know for most people it is unbelievable. But if you read the tax carefully then you will understand why Kazakhstan is a poor country, despite...
Thanks. But in this case it's not a mistake. It's how they constructed the tax law. Here's the Google translated version of the law. [SPOILER]...
Thank you for trying to help. I replied above
You did a good gob. Thanks for trying to help. But if you go below to section 8 you will see that it's taxed 10% at selling amount if it's from...
I will eventually move, but it is gonna take time. And in my case it's lost profit. For people not from developed countries it takes longer time...
For the f*cks sake. I posted the tax code I explained the reason why the tax is higher than the profit. And this genius based on what he red on...
It's 5:36 am in my city and I didn't sleep at all. And I need to get up at 7 am today. This is going to be a very long day
You don't have to believe me, I am venting my frustrations here
That's the problem, it is very long and too complicated. Different sections link to other sections, and gonna be too difficult to show a specific...
I kinda doubt that you can translate and understand the tax code, but i posted the link
https://online.zakon.kz/m/amp/document/36148637/46/3320000#3320000
I replied below, the explanation
So basically whenever a company is incorporated in certain countries or states (Wyoming, Puerto Rico, or Cayman islands, Hong Kong etc) which...
The tax code is in Russian so it would mot make any sense
Personal income tax in my country is 10% flat. And there's no tax on Kazakhstani stocks. But in some cases those geniuses charge 10% not from...
The tax consultant was from Ernst & Young. And I myself red the tax code. It's as it is.
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