In 2013, through the Internet and mobile phones in Kazakhstan people made 15.2 million transactions in the amount of 266.7 billion tenge , or $ 1.8 billion
During the first quarter of 2014, GDP growth was 2.9 % in Kazakhstan
The Government of Kazakhstan intends to transfer to the competitive environment subsidiaries of KMG and KTZH
ASTANA, January 21 – International News Agency “Novosti- Kazakhstan.” The Government has prepared proposals on the transfer to the competitive environment the number of “subsidiaries” of national company KazMunaiGas. The similar work will be done by the national company Kazakhstan Temir Zholy, as the Prime Minister, Serik Akhmetov said on Tuesday. “Today, in the government,… Read More
Comments to certain amendments introduced by the RoK Law dated 5 December 2013 No. 152-V dated 10 December 2008 No. 99-IV.
MinTax Group has prepared these comments to certain amendments introduced by the RoK1 Law dated 5 December 2013 No. 152-V of the RoK Code “On Taxes and Other Obligatory Payments to the Budget” (the Tax Code) dated 10 December 2008 No. 99-IV. We kindly propose you to view amendments introduced to the Tax Code, as… Read More
Amendments introduced to the RoK Tax Code on 1 January 2014
Fitch identified the risk of the banks of CIS countries
Further rapid and weakly managed growth in retail loans growth is negative for banks in Kazakhstan. The forecast for most banking sectors in the CIS and Georgia in 2014 is “Stable”, reflecting the agency’s expectations that the operating environment does not undergo significant changes. It is reported by Kapital.kz Business Portal with the reference to… Read More
Seminar on issues concerning tax accounting on Joint Ventures and amendments to the Tax Code
Established a fund for the development of renewable energy
To create a fund investors have been attracted. Holding “Baiterek” attracted investors in “green” economy of Kazakhstan, one reported to Kapital.kz Business Portal in press service of holding. They have signed a tripartite memorandum of of “Baiterek” – JSC “National Agency for Technological Development” in the list of participators of Central Asia Renewable Energy Fund… Read More
In Kazakhstan, more than 60 % of taxpayers will submit the simplified declaration on income
Astana. December 4. http://www.kt.kz – In Kazakhstan, according to the bill “On amendments to some legislative acts concerning the declaration of income and property of the citizens of Kazakhstan” about 60 % of taxpayers will submit the form of a simplified declaration of income and assets, Kazakhstan Today reports. “We have elaborated a simplified form of declaration… Read More
Young persons of Kazakhstan will declare property and income – MinFin
This was announced by the vice-minister of Finances, Ruslan Dalenov. Source: Novosty – Kazakhstan International Press Agency. Young Persons will declare property in income in Kazakhstan after introduction of the overall declaration in 2017 in the country, as reported by the vice-minister, Ruslan Dalenov in Wednesday ИА Novosty-Kazakhstan informs. According to the draft blaw the number of… 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
The three-year moratorium on the desk audits of declarations is planned to be imposed by the Ministry of Finance
This information was announces by Mr. Dalenov during the round table conference on change over to the overall declaration of income and property of the RoK citizens. Source: Novosty – Kazakhstan International Information Agency. The moratorium on the desk audits of declarations until 2020 is planned to be applied by the Ministry of Finances as reported by… Read More
The Kazakhstani Ministry of Finance advises not to hide the property when filling in the declaration for the first time
The Kazakhstani Ministry of Finance advises not to hide the property when filling in the declaration for the first time, as informed by Mr. Dalenov. Source: Novosty Kazakhstan International Information Agency The submission of the declaration will be divided into the two stages. Stage 1-introduction to the declaration system: to start the declaration the individual has to… Read More
Participation in the ATK seminar on taxation of subsoil users
MinTax Group took part in a seminar on the theme: “Current fees and special taxes of subsoil users and important issues on them” organized by the Association of Taxpayers of Kazakhstan on 28 October 2013 in Almaty. The lecturers on the following topics at the seminar were Mr. Andrey Khorunzhiy, Managing Partner of MinTax Group,… Read More
Tax on property will be increased two fold
For the residents of regional centers and cities, property tax will be increased 2 times. This was said by Yerbolat Doddaev, the Minister of Economy and Budget Planning – This will be applied to all citizens. On the amount of more than 150 million Tenge (appraised value of property), taxes for reach people will be… Read More
Elena Bakhmutova: Pension System Must Be Improved
Reformation of the Kazakhstan pension system has caused hectic discussions in the society. But despite extensive discussions, the key provisions of the pension legislation still raise questions. In an interview with our correspondent, the Deputy Chairman of the Board of Samruk-Kazyna National Welfare Fund JSC Elena Bakhmutova expressed the view about certain aspects of the… Read More
Seminar for employees of Tsesna Corporation in Astana
On 11 and 12 September 2013, MinTax Group held a two-day seminar for the employees of the Tsesna Corporation in Astana. At the seminar, our lecturers addressed issues of tax planning, taking into account the financial and tax accounting policies, transfer pricing, international taxation, the use of different methods of VAT accounting, the hedging, company… Read More
Concerning amendments introduced to tax legislation of RoK since January 1, 2013
Concerning amendments introduced to tax legislation of RoK since January 1, 2013
Summary results of the socio-economic development of Kazakhstan
On the creation of the Unified National Pension Fund (UNPF)
On 6 February 2013 K. Kelimbetov, a Deputy Prime Minister of Kazakhstan, reported that as part of the President’s instructions, given at the enlarged meeting of the government of Kazakhstan on 23 January 2013 , on the transfer of individual retirement accounts of depositors (recipients) APF into a single
