The interests of the entrepreneurs and the small and medium business of our countries are given the priority for the Customs Code drafting. Such approach was announced by Vladimir Goshin, Customs Cooperation Minister at the VI Annual Small and Medium Business Development Forum
Kazakhstan plans to join WTO in the first six months of 2014
ASTANA, 18 November – IA Novosty-Kazakhstan. Kazakhstan will draw up technical documents to join the World Trade Organization (WTO) after the end of the negotiations on agriculture subsidies that are expected to be completed in the first half of 2014, the Minister of Economic Integration of the Republic, Zhanar Aytzhanova said to reporters. “Dates are always dependent… Read More
Certain issues related to deferred VAT
About the correctness of applying the “0” correction factor during the period of crisis situations
Laura Satybaldina, Senior Manager of MinTax LLP, in her article considers the issue of the correctness of application by taxpayers of the “0” correction factor which was introduced as a measure to ensure socio-economic stability for the period of the crisis situation in 2020 due to the COVID-19 pandemic. As you may remember, in March… Read More
Concerning the assessment of Social tax after applying the “0” coefficient
Dear Taxpayers of the RoK[1], In connection with the incoming questions regarding the assessment of Social tax after applying the “0” coefficient when calculating the amounts of social charges payable, we would like to make the following clarifications. The Decree of the RoK Government No. 721 dated October 30, 2020, introduced amendments to the Decree… Read More
Procedure for the presentation of transactions under long-term contracts in the accounting and tax records
In this article, Gaukhar Narbekova, Partner of MinTax Group, Director of the Audit Department, describes the procedure for the presentation of transactions under long-term contracts in the accounting and tax records using an example taken from practical experience in the course of rendering audit and consulting services to organizations providing services to subsoil users. In… Read More
The use of used spare parts – yes or no?
Ulan Batenov, Manager of Mintax LLP Legal Department, in his article tells about some changes in the Technical Regulations of the Customs Union “On the safety of wheeled vehicles” (TR CU 018/2011). I believe that, first of all, the readers’ eyes were struck by a topic for an article unusual for this site, and in… Read More
Important changes in the labour legislation of the RoK
Ulan Batenov, Manager of Legal Department of MinTax LLP, in his article considers some changes introduced to the labor legislation of the Republic of Kazakhstan (RoK) by the RoK Law #321-VІ ZRK dated 4 May 2020. The reason for writing this article, as mentioned in the introduction, were the numerous changes made to the RoK… Read More
Organization of tax accounting through the accounting policies. Transfer pricing
On September 27, 2019 in the training center of “Auditors’ College” PAO in Almaty, MinTax Group represented by A. Khorunzhiy (Managing Partner), G. Narbekova and M. Bekzhigitov (Partners) has conducted two seminars on the following subjects: “Organization of tax accounting through the accounting policies”. Program of the seminar: Bookkeeping as the basis of tax accounting… Read More
Important changes in state purchases in 2019
Saltanat Seilbekova, Consultant of MinTax LLP, in her article considers important changes in the sphere of purchases that took place in 2019. In the beginning of year 2019, some amendments and additions were introduced to RoK[1]legislation regulating the sphere of state purchases, purchases of Samruk Kazyna National Welfare Fund JSC[2] and purchases of subsurface users.… Read More
Which taxpayers are exempt from the maintenance of accounting records in the RoK?
Current legislative standards According to paragraph 1 of Article 2 of the RoK Law “On Accounting and Financial Reporting”, the effect of this Law shall extend to: individual entrepreneurs (IE); legal entities, branches, representative offices and permanent establishments of foreign legal entities registered in the Republic of Kazakhstan in accordance with the legislation of the… Read More
Tax deduction. Error in the example of the Methodological Guidelines may lead to tax disputes
Taxation of Subsurface Users
Presentation of MinTax Group See the Price Policy Since 1999, from the date of incorporation we have been providing services related to matters concerning taxation of subsurface users, whereas our partners and managers participated in expertise process of draft contracts for subsurface use and preparation of tax legislation in part of taxation of subsurface users… Read More
Organization of Tax Accounting
Presentation of MinTax Group See the Price Policy Services associated with organization of tax accounting, including: elaboration of TAP in accordance with requirements of the Tax Code. Elaboration of TAP is composed of elaboration of its methodological part, which is applied to determine procedure of fulfillment of tax liabilities and elaboration of the forms of… Read More
Financial Statements Audit
Presentation of MinTax Group See the Price Policy Download the blank form/questionnaire MinTax provides services in the area of audit of financial statements based on: The RoK Law No.304-I “On Audit Activity” dated 20th November 1998; International Auditing Standards; Code of Ethics adopted by the International Federation of Accountants; In-Company Audit Standards Considering a fact,… Read More
Important changes to the Rules for Establishing a Quota for the Use of Foreign Labor in Kazakhstan
Important changes were introduced to the Rules for establishing quota for the use of foreign labor in the Republic of Kazakhstan. In accordance with the Resolution of the Government of the Republic of Kazakhstan No. 189 dated 13 April 2018 “On Amendments and Additions to the Decree No. 802 of the Government of the Republic… Read More
Tax Accounting Policy: what is it for
Frequently occurring errors in the assessment of Property Tax
Accounting for investment property
Recording the consequences of termination of lease agreements in tax accounting
Recording the consequences of termination of lease agreements in tax accounting
Deduction of expenses related to audit of the financial statements
Analysis of regulatory legal acts related to deductions
Analysis of regulatory legal acts related to deductions
