The Joint Order of the RoK Minister of Finance No 630 dated 8 December 2015 and the Minister for Investments and Development No 1189 datedх
Tax Almaty during the moratorium on inspections will be engaged in in-house control
Banknotes of types will be cancelled starting from 1 November 2013
This rule will be applied to the banknotes of 1000 and 2000 Tenge value. Information on expiration of the term of accepting and exchanging the 1000 Tenge banknotes of 1994 and 2000 Tenge banknotes of 1996 was presented by the National Bank as Business Portal Kapital.kz reports. Since 1 November 2003, Branches of the National Bank of… Read More
Business under quarantine: what to do with the tax burden?
Andrey Khorunzhiy – Deputy Chairman of the Board of RoK Chamber of Tax Consultants, Member of the SMB Committee of Atameken Chamber of Entrepreneurs, Managing Partner of MinTax Group, took part as an expert in the remote broadcast of “Time to Talk” program on Atameken Business TV channel. In this issue, the program host Mr.… Read More
Frequently occurring errors in the assessment of Property Tax
Concerning issuing invoices for payment of penalties on delayed payments
Pursuant to paragraphs 1, 2 of Article 263 of the Tax code[1], an invoice shall be an obligatory document for all VAT payers, unless otherwise established by this Article. Unless otherwise established by this Article, payers of VAT shall be obliged, when carrying out turnovers of selling goods, work, services, to formulate invoices for the… Read More
The banknotes with a face value of KZT 2, 5 and 10 thousand issued in 2006 will be out of circulation after 1 January 2016
How To Get Removed From The List of Inactive Taxpayers
MinTax Group in the Top Ten of the 2014 Ranking of Auditing and Consulting Groups of the RoK
MinTax LLP continues to be the country’s leader in the field of tax consulting
New Draft Environmental Code to be considered in the Parliament of the RoK
According to BNews.kz., at the session of Work Group on Improvement of Environmental Legislation of Kazakhstan, Nikolay Radostovets, the Chairman of the Mining and Metallurgic Industry Committee of the Panel of the National Entrepreneurs Chamber of Kazakhstan informed that new draft environmental code shall be introduced for consideration by the Parliament.
Nazarbayev signed amendments, which two times reduce doubled fines for greenhouse gases extra emission
Financial police and the National chamber of entrepreneurs have signed a Memorandum of Cooperation
Chairman of the Financial Police Agency, Rashid Tussupbekov and the President of the national chamber of entrepreneurs, Timur Kulibayev have signed a memorandum on mutual cooperation in protection of rights of entrepreneurs, as the press service of the financial police informed. Source: NA Zakon.kz. The memorandum provides for the implementation of joint activities, identifying systemic… Read More
The government will soon finalize negotiations on Kazakhstan’s accession to the WTO
Kazakhstan is not going to refuse from its questions, interests. Source: Web-site of Astana telechannel. Negotiation process on Kazakhstan’s accession to the WTO will be completed only if the interests of the countries of the World Trade Organization will satisfy not only the position of Kazakhstan, but also the functioning under WTO Customs Union, TV… Read More
Ak Zhol demands to return the bill on the bankruptcy in order to improve it
The bill “On the Rehabilitation and Bankruptcy” should be returned for revision in accordance with the instructions of the President and included proposals of faction on the bankruptcy of individuals and SMEs – this was stated by Almas Turtaev at the plenary session of the Majilis. Source: [url]http://pravo.zakon.kz/4598013-ak-zhol-predlagaet-ustanovit-normy.html[/url]. The Ak Zhol’s requests addressed to the… Read More
The problem of legalizing documents confirming CIS tax residency will be resolved by introducing amendments to international agreements
RK MF Tax Committee’s Letter No НК-13-ЮЛ-Е-883-НК-17 dated 8th January 2014, clarifies the procedure for applying the documents confirming residency of legal entities and individuals who are residents of CIS member states, that signed the Chisinau Treaty. Source: ZAKON.KZ IA. The Letter states the following position of the authorized body on issues mentioned. Taxpayer
Migrant workers will pay tax in Kazakhstan
Each of the guest-worker will have to pay to the budget over 44 thousand tenge a year. In Kazakhstan, there is the most simplified design work permit of foreigners who works with individuals. The only condition – make a down-payment of personal income tax. This was reported to Kapital.kz Business Portal by the press services… Read More
The period of circulation of old sample bank notes has been extended
We are talking about the notes in denominations of 5 thousand and 10 thousand tenge. The period of dual circulation of banknotes in denominations of 5 thousand tenge issued in 2006 and 2011 and 10 thousand tenge banknotes issued in 2006 and 2012. They will be valid until 2015. This information was provided to Kapital.kz business… Read More
Google Translate will speak the Kazakh language
Financial police suggested limiting single cash withdrawal by individuals to the amount of 5.2 million tenge
ASTANA, 10 December – Source: Novosty-Kazakhstan IA. Kazakhstan Agency for Struggle against Economic Crimes and Corruption (Financial Police) offers to limit a one-time cash withdrawal by individuals to the amount of 3000 monthly calculation indexes or 5.2 million tenge, Denis Shakenov, the head of the department for the disclosure and prevention of corruption cases said on Tuesday.… Read More
The Ministry of Finances will impose penalties on Kazakhstan citizens for the late submission of the Income Decelaration
This information was presented on Wednesday by the chairman of the Tax Committed of the Ministry of Finance, Tolganay Botakanova. Source: Novosty Kazakhstan International Information Agency “In case of the late submission of the Income and Property Declaration entails the notification and in cases of repeated late submission the penalty will be imposed on in… Read More
Issuance of certificates under the CIPA program is suspended
Eurasian Council of Certified Accountants and Auditors is involved into the court proceedings. Source: ИА ZAKON.KZ Currently the Eurasian Council of Certified Accountants and Auditors is involved into the court proceedings as a defendant, a part of Eurasian Council of Certified Accountants and Auditors – plaintiffs represented mainly by former managers Eurasian Council of Certified Accountants and… Read More
The unified body of public procurement will be created in the Republic of Kazakhstan
It is planned that this body would be have been created by 2015 году. The unified arranger of public procurement is planned to be created on the basis of the ministry of finance. This was reported by the Minister of Finance of the RK, Mr. Bolat Zhamishev at the briefing, as said by the correspondent… Read More
Experts have published the difference between the taxation system in Kazakhstan and in Europe
Experts have published the difference between taxation system in Kazakhstan and in Europe, the correspondent of Tengrinews.kz reports. According to information presented by Anton Soroko, the analyst’ of FINAM, an investment holding company, in general, Kazakhstan’s tax system is similar to the Russian one, which is much milder than in most European countries. “Basically, this… Read More
