2017 TAX CALENDAR for legal entities, other than subsurface users and legal entities who are producers of agricultural products, aquacultural (fishery) products and rural consumer cooperatives Abbreviations: 1. TAXES: 1.1. CDB – Commercial Discovery Bonus; 1.2. LT – Land Tax; 1.3. PIT – Personal income tax; 1.4. CIT – Corporate Income Tax; 1.5. MET – Minerals… Read More
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Tax Calendar for 2017
For taxpayers perfroming payments with the busget on the basis of STR for 2017
2017 TAX CALENDAR for taxpayers who are carrying out settlements with the Budget on the basis of special tax regimes (STR) Does not apply to taxpayers carrying out settlements with the Budget on the basis of the STR for legal entities who are producers of agricultural products, aquacultural (fishery) products and rural consumer cooperatives. Abbreviations:… Read More
Balance of Working Time for 2017
Months, Number of days Work days calendar days сalendar days without holidays 40-hour working week 36-hour working week Quarter, Work schedule Work schedule half-year from the 1st day of month from the 1st day of month 9 months, to the end of month to the end of month Year 5-days 6-days 5-days 6-days days… Read More
The parliament of RK adopted the new pakage of ammendments on matters concerning organisation and holding EXPO-2017
The law will introduce amendments to 8 legislative acts, including two codes budget and tax. Source: Novosty-Kazakhstan IA. Deputies of the Senate (Upper Chamber) during the plenary session “On introduction of amendments to certain legislative acts of the RoK” concerning EXPO-2017 in Astana” in the second reading,
Amendments to the law on EXPO – 2017 have been approved in Majilis
The Majilis deputies approved amendments to the bill of Kazakhstan governing the conduct of the international exhibition EXPO – 2017 in Astana. This is reported by the correspondent of Kapital.kz business portal. As the Minister of Economy and Budget Planning of the RoK, Yerbolat Dossaev informed, the document provides for the exemption of construction of… 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
Notification (November, 2020)
Changes in the rules and deadlines for implementing the accompanying notes in respect of goods
Dear taxpayers, considering that a mandatory procedure for issuing ANs[1] will be introduced in the nearest future, more and more frequently we are receiving inquiries on how the issue procedure is going to take place and who will be obliged to issue ANs. In this regard, we would like to inform that a draft Order… Read More
Changes in the rules and deadlines for implementing the accompanying notes in respect of goods
Dear taxpayers, considering that a mandatory procedure for issuing ANs[1] will be introduced in the nearest future, more and more frequently we are receiving inquiries on how the issue procedure is going to take place and who will be obliged to issue ANs. In this regard, we would like to inform that a draft Order… Read More
Notification (October, 2020)
On applying a standard tax deduction to income of foreign employees
Aliya Vaisova, Senior Manager of MinTax LLP, in her article tells about applying a deduction in the amount of one minimum wage (hereinafter – MW) to the income of employees who are citizens of foreign countries, when assessing the liabilities for PIT[1] withheld at the source of payment in the RoK[2]. In connection with frequently… Read More
Notification (September, 2020)
Notification (August, 2020)
Notification (July, 2020)
Notification (June, 2020)
Notification (May, 2020)
Certain changes in the procedure for issuing consignment notes (CNs) for goods
Roman Bykov, Senior Consultant of MinTax LLP, informs about changes in the procedure for issuing consignment notes for goods. Dear Taxpayers, On 31 March 2020, SRC MF RoK[1] published a Press-release informing that due to the taxpayers’ requests concerning the need to extend a transition period for introducing CNs[2], and also taking into account the… Read More
On Further Measures Aimed at the Economy Stabilization in the Context of Tax Policy
On 27 March 2020 the Government of the RoK[1] issued the Decree No.141 “Concerning Measures for the Implementation of the Presidential Edict No.287 dated 16 March 2020 “On Further Measures Aimed at the Economy Stabilization in the Context of the Tax Policy” (hereinafter – the “Decree No. 141”), which prescribes the following: For the period… Read More
