That's a very long document. Which section says the whole proceeds instead of capital gains are taxed?
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 part. And I am in no mood to explain everything
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
Do you even know what CAPITAL GAINS mean? Simply, it's the difference between your buy and your selling price. In other words, you're taxed for your profit. None of the documents I and others provided state that Kazakstan will tax you at "where you sold" or tax you more than your entire investment. Now go chill out and stop drinking so much.
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 few posts thinks that he understands the tax code of my country better than me or a tax consultant. My country's tax code is bad because it's parliament is full of people like you. That think that they are smart, but in reality just pretentious
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 to be accepted. I know I have experience
You need a really good tax accountant or know someone at the tax agency. It happened to me years ago when I exercised some stock options my company gave me for a 10% profit but the brokerage reported the cost based as zero cost (their accounting system, don't ask me why) so IRS said the full stock price was my gain. I couldn't explain to the agent (I filed my own tax at the time). Finally had to hire a good tax attorney to fight them and took care of it.