Alert on the decision of the Appeal commission of the Ministry of finance on tax dispute
On 24 November, 2023 the Appeal commission of the Ministry of finance of the Republic of Kazakhstan (the ‘Appeal Commission’) issued a decision on the tax dispute concerning transfer pricing control of a loan agreement.
Review of the Ruling of the Supreme Court of Kazakhstan on a Tax Dispute
On 17 January 2024, the Administrative Collegium of the Supreme Court issued a ruling on a dispute relating to the taxation of Kazakhstan-source income of a non-resident who also has a registered permanent establishment in Kazakhstan
Review of amendments to the legislation on the application of the Special Tax Regime of Retail Tax
In order to implement the Address of the Head of State dated September 1, 2023 "The Economic Course of Just Kazakhstan," the list of types of activities permitted for the application of the special tax regime for retail tax has been expanded. By the Government Decree №1240 dated 29 December 2023, the list has been expanded from 190 to 364 types of activities.
Changes to the Tax Code of the Republic of Kazakhstan
On 13 December 2023 a number of amendments was introduced to the Code of the Republic of Kazakhstan dated 25 December, 2017 No. 120-VI ‘On taxes and other obligatory payments to the budget (Tax Code)’ (the ‘Tax Code’) . Below you may find the most significant of these amendments. Most of them with certain exceptions came into effect on 1 January, 2024.
12.01.2024
Starting from January 1, 2024 the third stage of universal declaration started in Kazakhstan. Below you may find information on who and how is obliged to submit declarations in this regard.
GRATA International Almaty office hosted a business breakfast on "Changes to the Tax Code for 2024 and Universal Business Declaration (Third Stage)"
Today, GRATA International hosted a business breakfast on the current topic: 'Changes to the Tax Code of the Republic of Kazakhstan for 2024 and Universal Declaration for Business (Third Stage).' The event took place in a hybrid format, allowing both offline and online participation.
Overview of planned amendments to the Rules for Refunding Excess VAT
GRATA International law firm presents to your attention an overview of the main amendments and additions to the draft order of the Minister of Finance of the Republic of Kazakhstan dated March 19, 2018, № 391 «On Approving the Rules for Refunding Excess Value Added Tax and Applying a Risk Management System to Confirm the Accuracy of the Amount of Excess Value Added Tax, as well as Risk Degree Criteria» (hereinafter – the «Rules»).
Tax control in the Republic of Kazakhstan
The Tax Code of Kazakhstan provides for a wide range of tax control forms, with the main ones being cameral tax control and on-site tax inspections.
Tax control in the Republic of Kazakhstan
The Tax Code of Kazakhstan provides for a wide range of tax control forms, with the main ones being cameral tax control and on-site tax inspections. Tax control is carried out by tax authorities, as well as customs authorities in relation to VAT on imports and excise duties payable in connection with the movement of goods across the border.
12.04.2023
On April 12, 2023, Legal 500, a global legal directory, released its rankings of leading law firms and lawyers in Europe, Middle East and Africa - Legal 500 EMEA 2023. The rankings reveal that GRATA International has maintained its success from the previous year, with strong rankings in Azerbaijan, Georgia, Kazakhstan, Tajikistan and Uzbekistan.