About the main changes to the tax code made by the Law of the Republic of Kazakhstan of July 02, 2020 N354-VI

Addition of subparagraph 20) of article 24 of the Tax code
In order of correspondence with the amendments to the Law "On the National Bank of the Republic of Kazakhstan", envisaging the introduction of restrictions on cash withdrawals from 1 January 2021 godfredson the obligation of the second tier banks and organizations executing certain types of banking operations, to provide to the state income data and (or) documents for information about the presence or absence of grounds for refusal of cash that exceeds specified size limit.
Thus, the state revenue authority, taking into account the application of the risk management system, will make one of the following decisions:
for low risk - no grounds for refusal to issue cash;
for a high degree of risk-the presence of grounds for refusing to issue cash.
Addition of subparagraph 1-1) of article 425 of the Tax code
The deadline for payment of VAT (except VAT on imports and VAT, calculated on the liquidation of the VAT Declaration)for JSC " NC " KTZ " for the second and third quarters of 2020, it was postponed to February 25, 2021.
Exclusion of sub-item 9) item 2 of article 550 and item 8 of article 553 of the Tax code
In connection with the introduction of licensing of microfinance activities, the fee for registration of organizations engaged in microfinance activities was canceled from January 1, 2021.
The introduction of microfinance licensing will make it possible to classify microfinance entities as financial organizations and create a unified legal definition of financial services and the financial market.
Addition of line 4.4. of the table of item 4 of article 553 of the Tax code
In order to increase the competitiveness of domestic companies engaged in international road transport of goods and update the fleet of cargo vehicles from July 1, 2020 to December 31, 2020, an exemption from payment of the fee for the primary state registration of motor vehicles for tractor units engaged in international road transport of goods is provided.
Adding lines 1.51.1, 1.52, 1.53, 1.53.1 of the table of item 4 and line 6 of the table of item 8 of article 554 of the Tax code
From 1 January 2021, provided the license fee for the right classes in certain activities for branches of nonresident banks of the Republic of Kazakhstan, the insurance (reinsurance) organizations-residents of the Republic of Kazakhstan, the insurance brokers-nonresidents of the Republic of Kazakhstan for implementation of activities in the financial market of the Republic of Kazakhstan, as well as the fee for issuance of the consent to election (appointment) of leading employees of the branch of the Bank-nonresident of the Republic of Kazakhstan, branch of an insurance (reinsurance) company-resident of the Republic of Kazakhstan, branch of an insurance broker-non-resident of the Republic of Kazakhstan.
Addition of subparagraph 51) of paragraph 1 of article 341 of the Tax code, set out in article 33 of the law of the Republic of Kazakhstan dated December 25, 2017 "on the introduction of the Code of the Republic of Kazakhstan" on taxes and other mandatory payments to the budget " (Tax code)»
From April 1, 2020 to October 1, 2020, an adjustment is provided for the income of an employee of a taxpayer who is not a quasi-public sector entity and is engaged in the creation and broadcasting of television programs and (or) radio broadcasting and (or)publishing Newspapers, magazines and (or) periodicals, that is, the exemption of employees of non-state media from paying individual income tax. Accordingly, such income is not subject to social tax.
Addition of the Law of the Republic of Kazakhstan dated December 25, 2017 "on the introduction of the Code of the Republic of Kazakhstan "on taxes and other mandatory payments to the budget" (Tax code)" with a new article 57-5
There is a tax Amnesty for writing off penalties for individuals, provided they pay the amounts of the principal debt for property tax, land tax and vehicle tax, formed for tax periods before January 1, 2020, with the exception of obligations to pay property tax and land tax for 2019.
The amount of interest that is registered in the taxpayer's personal account as of April 1, 2020, as well as the amount of interest accrued on the amount of such arrears before the date of payment, including the day of payment, is subject to write-off. In this case, the penalty fee is deducted according to the type of tax for which the arrears were paid. The term of the tax Amnesty is until December 31, 2020.
The tax Amnesty will allow participating citizens to get rid of accrued sanctions, which will improve their quality of life and well-being.
Supplement to the Law of the Republic of Kazakhstan dated December 25, 2017 "on the introduction of the Code of the Republic of Kazakhstan" on taxes and other mandatory payments to the budget " - article 57-6
For the period from June 1 to December 31, 2020, the following provisions are established:
In order to increase the volume of output without attracting additional working capital, as well as to preserve paid jobs for mining (except for those engaged in the production of hydrocarbons), mining and metallurgical enterprises included in the List subject to monitoring by large taxpayers, it is provided:
- increase from 70 to 80% of the amount of excess value added tax, which can be returned in a simplified manner without conducting a tax audit for the period of the first, second and third quarters of 2020;
- the right to exceed the amount of actually calculated CPN for 2020 over the amount of calculated advance payments in the amount of no more than 33 %.
VAT exemption for the import of spare parts for aircraft (engines, power plants, heat exchangers, radio altimeters, radars, sensors, casings).
VAT exemption for non-resident taxpayers engaged in air passenger transport activities, for royalties, maintenance and software updates, services for presenting and processing information, and providing access to an Internet resource.
Applying the "0" coefficient to the rates of land tax and fees for the use of land plots occupied by runways at airfields and airport terminals in order to support airport infrastructure.
Addition of the Law of the Republic of Kazakhstan dated December 25, 2017 "on the introduction of the Code of the Republic of Kazakhstan" on taxes and other mandatory payments to the budget " with a new article 57-7
Due to the introduction of a state of emergency on the territory of the Republic of Kazakhstan to prevent the occurrence and spread of coronavirus infection, the deadline for registration and submission to the tax agent of a document confirming the residence of a non-resident for 2019 is extended until December 31, 2020.
Electronic documents certified by EDS and complying with the conditions established by the Law "on electronic document and EDS"may be recognized as primary documents.
At the same time, taxpayers have the right to recognize copies of primary documents (scanned copies) as accounting documents for the period of the state of emergency in the territory of the Republic of Kazakhstan, provided that the original primary documents are processed within seven months following the month in which the state of emergency in the territory of the Republic of Kazakhstan is terminated.And before the end of such a seven month period copies of such primary documents are recognized as originals when conducting tax audits and other control methods for tax periods, in which there was a state of emergency.

Department of state revenue
for Karasay district
Almaty region