The President signed a law that will introduce a tax on mining.

The law will make changes to the Tax Code.

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The President signed a law introducing a tax on digital mining, which will amend the Tax Code. The electricity fee will be 1 tenge per kWh, and the regulations will come into force on January 1, 2022. This decision raises questions about Kazakhstan's leadership in the mining sector. The future of data centers will be discussed on July 3 at Astana Finance Days.

The President signed a law that will introduce a tax on mining

The law will make changes to the Tax Code. The article on digital mining is located in Chapter 69, paragraph 11, "Payment for Digital Mining." The law will come into force on January 1, 2022.

Payment for digital mining will be charged based on the volume of electricity consumed during digital mining. The payment rate is 1 tenge per 1 kWh.

The introduction of the tax raises questions about Kazakhstan's leading position in the field of mining worldwide. The future of mining farms and data centers will soon be discussed at the Astana Finance Days in a panel session titled "Investments in Data Centers." The event will take place on July 3.

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The President signed a law that will introduce a tax on mining.

The Tech AI

The Tech on Telegram Follow The Tech on Telegram

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