On January 1, 2021 comes into force the head 71 of the Tax Code, "Universal declaration"

On January 1, 2021 comes into force the head 71 of the Tax Code, "Universal declaration"

The Department of State Revenues for the Almaty region informs that in accordance with the Law of the Republic of Kazakhstan dated December 25th, 2017 №121-VI "On the introduction of the Code of the Republic of Kazakhstan " On taxes and other obligatory payments to the budget" (Tax Code) (hereinafter - the introduction of the law), with January 1st, 2021 comes into force the head 71 of the Tax Code, "Universal declaration."

          On the basis of Article 45-1 of the Law on the introduction of the universal declaration is introduced in stages.

At the first stage - from January 1st, 2021, in accordance with subparagraph 1. of Article 45-1 of the introduction of the law, the declaration of assets and liabilities (FNO 250.00) is submitted by the following individuals, who are as of December 31st of the year of submission of the declaration:

  • persons holding a responsible public office and their spouses;
  • persons authorized to perform state functions and their spouses;
  • persons equated to persons authorized to perform state functions and their spouses;
  • persons charged with the obligation to submit a declaration in accordance with the Constitutional Law of the Republic of Kazakhstan "On elections in the Republic of Kazakhstan" and the laws of the Republic of Kazakhstan "On combating corruption", "On banks and banking activities in the Republic of Kazakhstan", "On insurance activities", "On the Securities Market" (hereinafter - the Law on Elections, the Law on Combating Corruption, the Law on Banks, the Law on Insurance Activities, the Law on the Securities Market).

As is known, these categories of persons, pursuant to paragraph 2 of Article 11, set out in Article 27 of the Law on Combating Corruption, as well as in accordance with paragraph 2 of Article 363 of the Tax Code in force in the version set out in Article 33 on the introduction of the Act shall submit a declaration of income and assets (TAX REPORTING FORM (TRF) 230.00), which is an object of taxation and located both in the territory of the Republic of Kazakhstan and abroad.

If an individual, as of January 1 of the year of submission of a declaration of assets and liabilities (TRF 250.00), was a person holding a responsible public position, a person authorized to perform public functions, a person equated to persons authorized to perform public functions, a person, who is entrusted with the obligation to submit a declaration in accordance with the Election Law, the Anti-Corruption Law, the Banking Law, the Insurance Law, the Securities Market Law, or the spouse of these persons, then he has an obligation to file a declaration on assets and liabilities (TRF 250.00), no later than July 15 on paper or no later than September 15 in electronic form, instead of the previously submitted (TRF 230.00).

If an individual receives income that is subject to taxation on his own, then such an individual has an obligation to submit an IIT (individual income tax) declaration (TRF 240.00). According to paragraph 1 of Article 364 of the Tax Code, the IIT declaration (TRF 240.00) is submitted to the tax authority at the place of location (residence) no later than March 31 of the year following the reporting tax period.