According to the amendments to the Code of the Republic of Kazakhstan "On Taxes and Other Mandatory Payments to the Budget" (hereinafter referred to as the Tax Code), from January 1, 2022, a fee for digital mining was introduced, which is regulated by Paragraph 11 of the Tax Code.
The payers of the fee are persons engaged in digital mining and the fee is charged for the actual amount of electric energy consumed during the implementation of the activity.
The amount of the fee is calculated based on the actual volumes of electric energy, the fee rate is determined in the amount of 1 tenge per 1 kilowatt-hour of electric energy (the number of kW / hour * 1tenge).
The tax period for calculating the fee is a quarter. Payment of the fee for digital mining is made to the Republican Budget for the Budget Classification Code (KBK) 105 317. Payers of the fee pay to the budget the amount of the fee quarterly no later than the 20th of the month following the reporting quarter.
Payers pay the fee at the place of registration of the taxpayer. At the same time, the Tax Code does not provide for tax reporting on payment for digital mining.