The Department of State Revenue for Mangystau Region informs that, starting from 1 January 2026, in accordance with the new Tax Code of the Republic of Kazakhstan dated 18 July 2025 No. 214-VIII, the rules for taxation of income from capital gains arising from the sale of real estate and vehicles have changed. Tax arises not on the entire transaction amount, but only on the positive difference between the sale price and the initial cost of the property (Articles 382–384 of the Tax Code).
Below is an explanation, with references to the relevant legislative provisions, of when such income arises, how it is calculated, and what needs to be done
When Income from Capital Gains Arises
For Real Estate (Article 383 of the Tax Code)
Income from capital gains on immovable property arises upon its disposal (or contribution to the charter capital) in the cases provided for by Article 383 of the Tax Code. Taking into account the transitional provisions of Article 842 of the Tax Code (which apply until 1 January 2028), the following rules apply:
- Housing, summer houses (dachas), garages, parking spaces, storage rooms, and objects of personal subsidiary farming:
-- if the right of ownership was registered after 1 January 2026 — when held for less than 2 years;
-- if the right of ownership was registered before 1 January 2026 — when held for less than 1 year.
- Land plots and shares with the designated purpose of individual housing construction, dacha construction, personal subsidiary farming, or for a garage or parking space — under the same rules (less than 1 or 2 years depending on the date of registration of the right).
- Other immovable property (including commercial property) — regardless of the period of ownership.
- Real estate located outside the Republic of Kazakhstan — regardless of the period of ownership.
For Vehicles (Article 384 of the Tax Code)
- A motor vehicle (mechanical vehicle and/or trailer) registered in the Republic of Kazakhstan — if it was owned for less than 1 year from the date of registration.
- Vehicles registered abroad, as well as aircraft and vessels — regardless of the period of ownership.
How Income Is Determined
Income is recognised as the positive difference between the price (value) of disposal and the initial cost of the property (paragraph 2 of Article 383 and paragraph 2 of Article 384 of the Tax Code). If the property is sold for less or for the same price, there is no income and no tax arises.
Special Features for Property Received as a Gift or by Inheritance
When real estate or a vehicle is received as a gift or by inheritance, the recipient/heir usually does not have income at the moment of receipt. Upon subsequent sale, the initial cost is determined in a special manner (paragraph 5 of Article 383 and paragraph 5 of Article 384 of the Tax Code):
- In the case of inheritance and charitable assistance — the market value as of the date the right of ownership arose (confirmed by a report of an independent appraiser).
- In the case of a gift of non-commercial real estate (an object of property tax) — the assessed value determined for the purposes of property tax as of 1 January of the year in which the right of ownership arose.
It is important to retain documents confirming the initial cost (sale and purchase agreement, valuation report, etc.).
Which Tax to Pay
Individual income tax (IIT) is calculated according to the progressive scale in accordance with Article 363 of the Tax Code:
- 10% — on the amount of income up to and including 8,500 MCI;
- above 8,500 MCI — tax on 8,500 MCI at the rate of 10% plus 15% on the amount exceeding that threshold.
In 2026, 1 MCI is 4,325 tenge (Law on the Republican Budget for 2026–2028), therefore the threshold of 8,500 MCI equals 36,762,500 tenge.
Example
An apartment was purchased for 25 million tenge and sold after 10 months for 32 million tenge.
Income = 7 million tenge.
IIT = 7,000,000 × 10% = 700,000 tenge.
If the income amounts to 40 million tenge:
36,762,500 × 10% + (40,000,000 – 36,762,500) × 15% = 4,161,875 tenge.
Deadlines and Procedure
If income has arisen:
- Submit the declaration on income and property (Form 270.00) no later than 15 September of the year following the year of sale (Articles 417, 418 of the Tax Code).
- Pay the calculated IIT within 10 calendar days after this deadline (approximately by 25 September).
The declaration and payment are made at the place of residence (stay). The form may be submitted through the taxpayer’s personal account, the e-Salyq Azamat application, or on paper at the state revenue authority.
If there is no positive difference or the property was owned for longer than the established period, the obligation to submit a declaration specifically on this ground does not arise.
Where to Apply
For questions regarding tax calculation, completion of the declaration, and payment, please contact the state revenue authority at your place of residence (stay) or use the services of the State Revenue Committee (kgd.gov.kz, e-Salyq Azamat).
What to Pay Attention To
- Tax is paid only on the capital gain, not on the entire sale price.
- The period of ownership is calculated from the date of state registration of the right of ownership.
- For property the right of ownership of which was registered before 1 January 2026, the preferential one-year period is retained (until 1 January 2028 in accordance with Article 842 of the Tax Code).
- Documents on the initial cost (especially in cases of inheritance and gifting) should preferably be prepared in advance.
- Late submission of the declaration and non-payment of tax entail liability (warning, fine, penalty).
Compliance with these rules helps to avoid mistakes and additional costs.
