Kazakhstan cryptocurrency tax guide

What this guide covers

This guide covers Kazakhstan's approach to cryptocurrency mining and digital-asset taxation for the 2025 tax year, based on consistent secondary legal and accounting commentary describing Law No. 347-VI ZRK and Tax Code Chapter 69. The Adilet legal database and the State Revenue Committee's own site weren't directly fetched in this research pass. This is educational information, not individualized tax advice.

Tax treatment of cryptocurrency

Kazakhstan's distinctive feature is a dedicated mining fee charged on electricity, separate from any income tax on what you mine. Law No. 347-VI ZRK, signed 25 June 2020, introduced the term 'digital asset' into Kazakh legislation, including the Civil Code, defining it as property — excluding financial instruments — created in digital form using cryptography and computer tools, and explicitly not a means of payment. Kazakhstan's Tax Code separately imposes a digital mining fee under Chapter 69, charged on the electricity consumed for mining, distinct from any income tax on the value of crypto received. A March 2026 legal commentary reports that receiving digital assets through mining is a separate taxable event that may create income tax obligations, with the income calculated as the number of assets received multiplied by their value, determined under the Rules for Determining the Value of Digital Assets effective 1 January 2026. This guide doesn't identify a confirmed, specific individual income tax treatment for ordinary crypto trading gains — buying and selling, as opposed to mining — as distinct from Kazakhstan's general personal income tax rules.

Common taxable events

• Mining crypto — subject to the Chapter 69 digital mining fee, charged per kilowatt-hour of electricity consumed, separate from any income tax on the mined assets' value.
• Receiving mined digital assets — a distinct taxable event generating income, calculated as the quantity of assets received multiplied by their value under the January 2026 valuation rules.
• This guide doesn't identify a confirmed, crypto-specific taxable event for ordinary buying-and-selling trading gains, distinct from mining.

Potentially non-taxable events

• Simply holding digital assets, without mining or disposing of them, isn't itself a taxable event.
• This guide doesn't identify a specific exemption for ordinary trading gains — none was corroborated with confidence in this pass.

Tax rates and thresholds

The digital mining fee rate has changed multiple times and this guide doesn't assert a single confident current figure. A 2022 rate was reported at roughly 1 tenge per kilowatt-hour for licensed miners, with a later progressive scale reaching up to 25 tenge per kWh depending on electricity price, reported by KPMG Kazakhstan as of February 2023. One secondary source describes a unification from 1 January 2024 to 2 tenge/kWh for grid-connected mining and 1 tenge/kWh for own-generated or renewable power — this guide doesn't independently confirm the 2024 figure against a primary Kazakh source and flags it as the most recent but least-confirmed data point. You must also report owning digital assets issued by both Kazakh and foreign issuers, per secondary reporting. This guide doesn't identify a confirmed rate for ordinary trading-gain income tax distinct from Kazakhstan's general personal income tax structure.

Cost basis and calculation

For mining income, the taxable amount is the quantity of digital assets received multiplied by their value, determined under the Rules for Determining the Value of Digital Assets effective 1 January 2026. This guide doesn't confirm a cost-basis calculation method for ordinary trading disposals.

Reporting and compliance

• Miners are subject to the Chapter 69 digital mining fee, assessed on electricity consumption, with payment and reporting mechanics administered by the State Revenue Committee.
• You must declare ownership of digital assets issued by both domestic and foreign issuers.
• This guide doesn't independently confirm the exact filing form or deadline for mining-income tax or any ordinary trading-gain reporting.

Residency and cross-border issues

Not independently resolved in this pass. Confirm current residency rules directly with the State Revenue Committee.

Example

This example is hypothetical, for illustration only. Nurlan operates a licensed mining rig connected to the national grid, consuming 10,000 kWh in a month. Under the most recently reported, but not independently confirmed, 2024 unified rate of 2 tenge/kWh, Nurlan's digital mining fee for that month would be approximately 20,000 tenge, separate from any income tax owed on the value of the digital assets he actually mined that month.

Official resources

• State Revenue Committee: https://kgd.gov.kz/

Limitations and review information

Tax year covered: 2025. Last verified: October 11, 2026. Known gap: the Adilet legal database and kgd.gov.kz weren't directly fetched. The exact current digital mining fee rate, reported variously across 2022-2024 sources, and the specific individual income tax treatment of ordinary trading gains, as opposed to mining, weren't conclusively confirmed in this pass. This is educational information only, not individualized tax advice — confirm current specifics directly with the State Revenue Committee or a qualified Kazakh tax professional.