Kazakh Businesswoman Fined $145,000 for Major Tax Evasion

The entrepreneur's non-compliance led to a substantial fine. This case highlights the importance of timely tax registration and compliance.

, and Administrator

2025 October 28 . 3:18 AM

1 min read

In this picture there are two woman sat on chair in front of table,there are two laptops in front... — In this picture there are two woman sat on chair in front of table,there are two laptops in front of them and there is bottle,pen,paper on the table. This seems to be in office. In front there is red brick wall and over the ceiling there are several lights and there is a staircase at whole background wall and below that there is entrance exit door.

Kazakh Businesswoman Fined $145,000 for Major Tax Evasion

A businesswoman from the Kostanay region in Kazakhstan has been fined a significant amount for tax evasion. The entrepreneur, who has not been named publicly, was found guilty of concealing taxable income and failing to register for Value Added Tax (VAT) in a timely manner.

The court ruled that the businesswoman must pay a fine of 67.7 million tenge (approximately $145,000). This penalty comes after she failed to register for VAT despite her turnover exceeding the mandatory registration threshold by over 20,000 times between January 1 and May 31, 2023. The entrepreneur's unreported turnover had reached 450 million tenge ($970,000) by April 24, 2025.

The businesswoman received notices to rectify her tax violations on February 15 and late April, but she did not comply. She eventually registered for VAT only on April 24, 2025, improperly applying a special tax regime. The court found her guilty of these offenses, and her admission of guilt during the administrative hearing did not prevent the ruling, which has not yet entered into legal force.

This case marks a substantial penalty for tax evasion in the Kostanay region. It serves as a reminder of the importance of timely tax registration and compliance. Despite the ruling, the businesswoman's name has not been made public, and the case is still subject to further legal processes.