Question
What tax payments are levied on this activity?
Answer
Since January 1, 2022, a fee for the amount of electric energy consumed during digital mining (1 tenge per 1 kW/hour) has been put into effect.
What tax payments are levied on this activity?
Ministry of Artificial Intelligence and Digital Development of the Republic of Kazakhstan
Related materials
Question
Do I need another registration and/or notifications, is there a certain regulation regarding the start of maintenance and repair of mining equipment?
Answer
Companies that carry out activities for the maintenance and repair of mining equipment are not persons engaged in digital mining. In this regard, there is no need for registration and/or notification to the authorized body.
Question
By what parameters is illegality determined, or why are «Gray» mining companies called?
Answer
Companies engaged in digital mining activities in violation of the requirements of legislation in the field of electric power industry are conventionally called «gray mining companies».
Question
Are there any restrictions on the power consumption of electricity? Should I get technical specifications specifically for the data center in the room that they plan to rent?
Answer
Questions regarding restrictions on the power consumption of electricity and obtaining technical specifications are regulated by the requirements of regulatory legal acts in the field of electric power industry. In this regard, in order to receive an exhaustive answer, it is nece...
Question
Is there a difference between a «data center» and a mining farm?
Answer
The functional purpose of a traditional data center is to process and store data. The activity of mining farms is aimed at the extraction of unsecured digital assets (cryptocurrencies). The consolidation of the concepts of data center and mining farms is not currently reflected i...
Question
So far, if an individual has not submitted a notification to inform about digital mining activities, then this is not a violation?
Answer
Since January 1, 2022, a fee has been put into effect for the amount of electric energy consumed during digital mining (1 tenge per 1 kW/hour) and activities in the field of digital mining are entrepreneurial activities. In this regard, for the purpose of legal functioning of the...
Question
Should I submit two reports on my activities to the authorized body if at the same time, in addition to digital mining, the company provides services to provide infrastructure for digital mining to third-party tenants? Is it required to inform the authorized body about the activities of digital mining as a data center according to the rules for informing about digital mining activities?
Answer
Practice shows that there are companies that provide services to provide infrastructure for digital mining. In this regard, the Ministry initiated changes to the Order regarding the delineation into categories for current activities, planned activities and the provision of servic...
Question
Do individuals have the right without registering an individual entrepreneur, on their land plot, which belongs to them by right of private ownership, or on a land plot to register a mining form for themselves as an individual, and what is necessary?
Answer
In order to ensure the legal functioning of the mining farm and timely payment of tax obligations, we recommend individuals to carry out mining activities as an individual entrepreneur.
Question
Step-by-step instructions on legalization for further payment of taxes. The client is a legal entity, has the intention to purchase a mining farm. What actions should he start with?
Answer
Regarding the allocation of territory for mining activities, you need to contact the local akimat, and in order to obtain technical conditions for connection to the national electric grid, you need to send a request to KEGOC JSC or contact the authorized body in the field of ener...