Failure to submit tax reports, as well as documents required for determining the profit of a controlled foreign company
In accordance with article 272 Of the code of the Republic of Kazakhstan "on administrative offences":
Failure by a taxpayer to submit tax reports to the state revenue authority within the period established by legislative acts of the Republic of Kazakhstan – entails a warning.
The act provided the first paragraph of this article, except the acts specified in part three of this article committed repeatedly within year after imposing of an administrative penalty – entails a fine for individuals in the amount of fifteen, for private notaries, private bailiffs, lawyers, small businesses or non-profit organizations – in the amount of thirty, on medium-sized enterprises – in the amount of forty-five, for large businesses – in the amount of seventy monthly calculation indices.
The act provided the first paragraph of this article by not submitting within the period prescribed by the laws of the Republic of Kazakhstan, tax registers, committed repeatedly within a year after imposing of an administrative penalty – entails a fine on taxpayers subject to tax monitoring, in the amount of five hundred and fifty monthly calculation indices.
Failure by the taxpayer to the state revenue authority document necessary to determine the amount of financial reward or financial profit of a controlled foreign company, taxable in accordance with the Code of the Republic of Kazakhstan "On taxes and other obligatory payments to the budget" (Tax code), – entails a fine for individuals in the amount of one hundred on small business entities – in the amount of one hundred fifty medium-sized enterprises – in the amount of two hundred, for large businesses – in the amount of five hundred monthly calculation indicators.
Department of state revenue
for the Talgar district