Kazakhstan to Increase Bitcoin Mining Tax Rates from 2023
Kazakhstan’s President Kassym-Jomart Tokayev has approved new tax rates for crypto miners – and tax bodies have been instructed to charge miners at a rate of up to USD 0.052 per kilowatt hour (kWh) as of January 1, 2023. Currently, miners have to pay a flat rate of just over USD 0.002 per kWh consumed. But following a winter that was blighted by crypto mining-related power shortages, the government resolved to force bitcoin (BTC) and crypto miners to pay more. … Read More: Kazakhstan to Increase Bitcoin Mining Tax Rates from 2023…
Continue reading on https://cryptonews.com/news/kazakhstan-to-increase-bitcoin-mining-tax-rates-from-2023.htm