Kazakhstani investors and traders can now prepare reports on digital asset transactions automatically. Binance Kazakhstan has launched a "Tax Report" section on its platform, integrated with the independent analytical tool SUMM (formerly known as Crypto Tax Calculator)... reports infohub.kz.
The tool collects transaction history, deposits, and withdrawals, generating a ready-made calculation for filing the 2025 declaration, which Kazakhstani tax residents must submit by September 15, 2026.
This new solution from Binance Kazakhstan eliminates the need for users to manually export transaction histories and compile spreadsheets.
For clients trading exclusively on Binance Kazakhstan, the SUMM service generates reports for free. If an investor chooses to consolidate data from other platforms and external wallets, the plugin offers a 30% discount on SUMM services for the first year.
"We have long worked to make tax reporting easier for our users in Kazakhstan. This is one of the issues our community regularly raised: how to properly collect transaction data, not miss anything, and avoid spending hours on manual calculations," emphasized Nurkhat Kushimov, General Manager of Binance Kazakhstan.
The generated document is not automatically sent to tax authorities and does not replace the official declaration. Users must verify the calculations themselves and submit the final data to the State Revenue Committee.
Tax on digital assets arises at the moment of their sale. Taxable income is recognized as the increase in value – the positive difference between the sale price and the documented purchase price of the asset.
If the declaration results in individual income tax payable, it must be transferred to the budget no later than September 25, 2026.
Earlier, Kursiv reported that Kazakhstanis earning from cryptocurrency may be exempted from taxes.