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๐Ÿ‡ฐ๐Ÿ‡ฌ Kyrgyzstan /Economy & Trade

Kyrgyzstan: Only 40 bloggers pay taxes on advertising income

From 24.kg · () Russian

Translated from Russian, summarized and contextualized by DistantNews.

At a glance

News Named sources New plan
  • Kyrgyzstan has only 40 bloggers who earn income from advertising.
  • These bloggers collectively paid 1.2 million soms in taxes.
  • The government is considering tax exemptions for the creative sector, including bloggers, as part of tax reforms.

In Kyrgyzstan, only 40 bloggers generate income from advertising, according to Almamet Shykะผะฐะผั‚ะพะฒ, chairman of the State Tax Service. He stated that these bloggers collectively paid 1.2 million soms in taxes, a sum he considers insignificant compared to the 37 billion soms the service aims to collect this year.

Shykะผะฐะผั‚ะพะฒ made these remarks during a meeting in Bishkek discussing tax reforms, specifically the potential exemption of the creative sector from taxes. He noted that the number of advertising-earning bloggers was calculated after criticism of the tax exemption initiative.

We sat down and calculated. Do you know how many bloggers earn from advertising? Only 40 people. And all of them paid 1 million 200 thousand soms in taxes.

โ€” Almamet Shykะผะฐะผั‚ะพะฒChairman of the State Tax Service, stating the number of bloggers earning from advertising and the taxes they paid.

Daniyar Amanaliev, co-founder of the ololo group of companies and a board member of the Creative Industries Park, clarified that the proposed exemption would not eliminate all taxes. While a single tax might be waived, income tax and social contributions would remain. He explained that for residents of the Creative Industries Park, even after a reduction in the single tax to 1 percent upon registration, their total tax payments increased in subsequent quarters as their income grew.

Amanaliev also emphasized that the presidential decree on tax exemptions extends beyond bloggers, who represent less than 1 percent of the creative industry. The decree aims to support various creative professions such as architecture, film production, design, and creative education.

Bloggers are less than 1 percent of the creative industry. There are many other professions in the Creative Industries Park โ€“ representatives of architecture, film production, design, creative education, and so on.

โ€” Daniyar AmanalievCo-founder of ololo group, explaining the scope of the tax exemption decree.
DistantNews Editorial

Originally published by 24.kg in Russian. Translated, summarized, and contextualized by our editorial team with added local perspective. Read our editorial standards.