In the event of financial difficulties, taxpayers can apply for a deferral or installment payment of taxes

In the event of financial difficulties, taxpayers may submit an application to the territorial state revenue authorities at the place of registration (location) for granting them a deferral or installment payment in accordance with Article 49-51 of the Tax Code of the Republic of Kazakhstan for payments secured by the property of the taxpayer and (or) a third party, and (or) under a bank guarantee.

The property provided as collateral must be insured against loss or damage, and its market value must not be less than the amount of taxes and fees specified in the application for changing the deadline for fulfilling the tax obligation to pay taxes and fees. The following items may not be pledged: objects of life support; electric, thermal and other types of energy; seized property; property subject to restrictions imposed by state authorities, including tax authorities; property encumbered with the rights of third parties; perishable raw materials, food products.

Deferral or installment payment of taxes and (or) fees is a change in the term of payment of taxes and (or) fees, if there are grounds provided for in this article, respectively, with a one-time or phased payment of the amounts of taxes and (or) fees.

Deferral with a one-time payment of taxes and (or) fees is granted for a period not exceeding six months.

Installments with monthly or quarterly payment of the amounts of taxes and (or) fees in equal parts are provided for a period not exceeding three years.

The following documents are attached to the application for changing the deadline for fulfilling the tax obligation to pay taxes and (or) fees:

1) list of contractors debtor-taxpayer indicating the prices of the contracts concluded with the respective counterparties-debtors (sizes other obligations and the reasons for their occurrence), and the timing of their execution, as well as copies of these agreements (documents confirming the existence of other grounds of the obligation). The provisions of this subparagraph do not apply to an individual who is not registered as an individual entrepreneur or a person engaged in private practice;

2) documents confirming the existence of grounds for changing the deadline for paying taxes and (or) fees;

3) documents on the property that may be the subject of a pledge with the attachment of the appraiser's report on the assessment of the market value of the property provided as collateral, or a bank guarantee agreement concluded between the guarantor bank and the taxpayer, and a bank guarantee.

If all the requirements and norms of the tax legislation are met, the issue of granting changes in the terms of performance of the tax obligation to pay taxes and (or) fees will be considered.