The annual declaration of income and property is submitted this year by civil servants, persons equated to them and their spouses. What information should be indicated in the annual declaration at the general declaration was told in the State Revenue Committee of the Ministry of Finance of the Republic of Kazakhstan.
The Tax Code provides that the declaration of income and property (Form 270.00) is submitted annually as of December 31 of the reporting tax period, starting from the year following the year of submission of the declaration of assets and liabilities (Article 633 of the Tax Code).
Recall that at the first stage in 2021, the declaration of assets and liabilities was submitted by civil servants and persons equated to them, as well as their spouses. Starting from January 1, 2022, these individuals will annually submit a declaration of income and property (form 270.00).
In the declaration of income and property, individuals reflect (paragraph 2 of Article 634 of the Tax Code):
1) income received for the calendar year, including outside the Republic of Kazakhstan;
2) tax deductions;
3) acquisition/alienation/receipt free of charge of property subject to state registration, including outside the Republic of Kazakhstan;
4) money in bank accounts in foreign banks located outside the Republic of Kazakhstan, in an amount collectively exceeding 1000 times the amount of the MCI effective as of December 31 of the reporting tax period;
5) property owned by an individual as of December 31 of the reporting tax period: immovable property that is subject to state registration (accounting) with the competent authority of a foreign state in accordance with the legislation of a foreign state; securities whose issuers are registered outside the Republic of Kazakhstan; a share in the authorized capital of a legal entity, registered outside the Republic of Kazakhstan;
6) accounts receivable/payable of individuals to other persons in the presence of a notarized contract, except for debts to banks.
Also, civil servants equated to them and their spouses are required to reflect in the annual declaration information on the sources of covering the costs of purchasing property during the year (apartments, houses, land, cars, securities, investment gold, shares in housing construction, derivative financial instruments), including outside the Republic of Kazakhstan.
Article 363 of the Tax Code provides that individuals who have received the following types of income, the calculation of individual income tax (IIT) is made in the declaration of income and property 270.00 without submitting a declaration for IIT 240.00:
- property income;
- income of individuals received from sources outside the Republic of Kazakhstan;
- domestic workers who receive income not from a tax agent;
- citizens of the Republic of Kazakhstan who receive income under employment contracts and (or) contracts of a civil nature concluded with diplomatic missions of a foreign state, consular offices of a foreign state;
- mediators, with the exception of professional mediators who are not tax agents;
- income from personal subsidiary farming, for which the IPN is not withheld at the source of payment.
In case of receiving other income subject to taxation independently, an individual must submit form 240.00 before fully switching to the universal declaration system.
Individuals can submit the declaration on paper to the tax authority at their location (residence) and in electronic form through the mobile application "e-Salyq Azamat" or the Taxpayer's Office on the web portal cabinet.salyk.kz .
Chief Specialist of the State Revenue Department for the Enbekshikazakh district Akhmetzhanova A.M.