Cancellation of duties for state
registration of legal entities and
individual entrepreneurs
Federal Law No. 234-FZ of July 29, 2013 amended the Tax Code of the Russian Federation providing for the cancellation of the state duties for state registration of:
Multilateral convention to
implement tax treaty related
measures to prevent base erosion
and profit shifting
By the end of June of this year Kazakhstan signed the Multilateral convention to implement tax treaty related measures to prevent base erosion and profit shifting (MLI).
Kazakhstan has ratified the
Convention on avoidance of
double
taxation with Ireland
On 29 December 2017 the Republic of Kazakhstan has ratified the Convention on avoidance of double taxation with Ireland[1] and the Protocol thereto (hereinafter – the ‘Convention’).
Azerbaijan - list of preferential
taxation countries confirmed
In accordance with the Decree of the President of Azerbaijan dated 11 July 2017, the list of countries and territories with preferential taxation was confirmed.
Appeal commission considering
appeals on results of tax and
customs audits as well as
notifications on elimination of
violations
Please be advised that on 27 June 2017 the regulation on the Appeal commission of the Ministry of finance of the Republic of Kazakhstan[1], which will be operating from 1 July 2017, was officially published.
Rules for organization of sale of taxpayer’s seized property in trading
networks in Azerbaijan
The Cabinet of Ministers of the Republic of Azerbaijan, by its decision dated 16 June 2017, confirmed the rules for the organization of sale of taxpayer’s seized property in trading networks (including electronic trading networks) (hereinafter - the “Rules”).
Tax and customs benefits for
EXPO-2017 participants
The Agreement on benefits and exemptions for official participants connected with performance of the International specialized exhibition EXPO-2017 in Astana[1], the Rules on performance of tax obligations by persons entitled to benefits and exemptions in accordance with the Agreement[2], effective 17 June 2017, as well as the Rules on application of special customs procedure[3] provide for separate tax and customs regimes for EXPO-2017 participants.
Clarification of the State revenue
committee on refund procedure of excess value added tax within the
framework of risk management
system
Please be informed that the State revenue committee of the Ministry of Finance of the Republic of Kazakhstan (hereinafter – the ‘Committee’) provided a clarification in its Letter[1] on refund procedure of excess value added tax (hereinafter – ‘VAT’) within the framework of risk management system (hereinafter – ‘RMS’).
Clarification of the State revenue
committee on application on
import of goods and payment of
indirect taxes
Please be informed that the State revenue committee of the Ministry of Finance of the Republic of Kazakhstan (hereinafter – the ‘SRC’) clarified in its letter dated 13 March 2017 No. КГД-08-3-13036-КГД-6468 that the Kazakh exporter is obliged to provide the tax authorities with an application on import of goods and payment of indirect taxes submitted along with VAT declaration and received from the importer in case of export of goods to the member-states of the Eurasian economic union (the EAEU).
Clarification of the State revenue
committee on deduction of losses
of foreign branch of a Kazakh
company
Please be informed that the State revenue committee of the Ministry of Finance of the Republic of Kazakhstan (hereinafter – the ‘SRC’) clarified in its letter dated 30 January 2017 No. КГД-07-1-3343-КГД-2247 that a Kazakh company is obliged to declare income and expenses of its foreign branch in the declaration on corporate income tax (hereinafter – ‘CIT’).
New rules set for VAT refunds on
consumption goods in Azerbaijan
On February 20, 2017, President of the Republic of Azerbaijan signed a decree on approval of “Rule for the refund of the value added tax paid by natural persons during shopping festivals for the goods that are not intended for commercial or production purposes, and that are purchased in the territory of the Republic of Azerbaijan” (“Rule”).
Tax alert on main changes and
amendments to the tax code
effective 2017
GRATA International law firm provides you with a brief tax alert on main changes and amendments to the Code of the Republic of Kazakhstan on taxes and other obligatory payments to the budget (the Tax Code) effective 2017.