About e-commerce in goods

About e-commerce in goods

          The Tax Code provides new corporate and personal income tax incentives for taxpayers who carry e-commerce over the Internet.

To do this, the following conditions should be adhered:

• Executing a transactions for the sale of goods is carried out electronically;
• merchandise payment is made by bank transfer
• has its own services for goods delivery to buyer (recipient) or has contracts with persons involved in the provision of services for the transportation of goods, courier or postal services;

These incentives apply if e-commerce income is at least 90% of total annual income. If these conditions are not adhered, the taxpayers do not have rights for implementing these benefits.

To take advantage of the benefits, a person engaged in electronic commerce of goods firstly must be registered as an individual entrepreneur or legal entity and send a notification to the state revenue authorities as a taxpayer carrying out certain types of activities.

Persons carrying out shipment, transportation and delivery of goods in electronic trade of goods provide information at the request of the tax authority in the manner, time and form approved by the authorized body. In particular, the order of the Minister of Finance of the Republic of Kazakhstan dated February 16, 2018 No. 221 “On the approval of the rules, timing and form of data transfer by persons engaged in shipment, transportation, delivery of goods in electronic commerce” and goods at the request of state revenue authorities.