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The finance minister clarified whether it's possible to avoid taxation by declaring assets.

Finance Minister Madi Takiyev commented on potential attempts to evade taxation by transferring property to relatives who are not required to file tax declarations. This information was reported by Bizmedia.kz.
The finance minister clarified whether it's possible to avoid taxation by declaring assets.

According to the minister, such a practice will not yield the desired results. If a person acquires expensive property but lacks confirmed income sources for its purchase, this will trigger an investigation.

"If they have acquired such expensive property and cannot verify the source of their income, this practice will not be effective," emphasized Takiyev.

He also noted that the established threshold for property value for individuals (70 million tenge) will effectively limit such cases.