Oil companies' taxes to Kazakhstan's National Fund amounted to T147 billion in January - Finance Ministry

Astana. February 24. KazTAG - Tax revenues amounted to 3% or T147 billion of the planned revenues for January 2025, reports the Finance Ministry of Kazakhstan.
"Tax revenues amounted to 3% or T147 billion of the planned revenues for January 2025," indicates the Finance Ministry's report on the movement of funds in the National Fund's cash control account as of February 1, 2025.
T113 billion of T147 billion was CIT and T34 billion was an additional payment by a subsoil user operating under a production sharing contract, and an alternative tax on subsoil use from oil sector organizations.
According to the data, fines, penalties, sanctions, and collections amounted to 39.8% or T275 million of non-tax revenues.

Photo source: picture from an open source


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