Introduction Vat Negatively Affects Kazakhstan Bookmakers

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January 11, 2022
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From january 1, 2019, vat will be introduced in kazakhstan on the income of the subjects of gambling business. Experts are confident that this will lead to negative consequences in the context of sports development, as well as unemployment.

Introduction Vat Negatively Affects Kazakhstan Bookmakers

Is reported that vat did not apply to gambling business since the state of independence.

Representatives of public organizations, business communication, international consulting companies, as well as the national chamber of entrepreneurs «atameseken» stated that the introduction of vat on the gambling business is contrary to international practice. Activists brought in the european of the country of the european union, russia, belarus. Moreover, tha noted that such an innovation is contrary to the legistation of the republic of kazakhstan.

The depeuty azat peruashev believees that, despite the desire of the government, to ensure the influx of additional funds to the state budget, it is necessary to thoroughly consider the method which it is mene expedient to do. According to politics, it is necessary to operate in this issue with economic categories.

He also shared assumptions about which consequences can lead the introduction of vat for bettinies. According to peruashev, first of all cease support for sports events and teams. In addition, unemployment will increase, as companies will begin to reduce employees. In the bookmaker, tax revenues will be ceased to the state budget. Also, the depeuty is confident that this will give a powerful impetus to the development of the shadow economy.

Recall: for the gambling business brought the budget of kazakhstan 15.3 billion tenge.

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