The procedure for granting deferral or installment

The procedure and conditions for granting a deferral or installment payment of taxes provided for by the Tax Code.

In case 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 Articles 49-51 of the Tax Code of the Republic of Kazakhstan.

The following documents are attached to the application for a deferral/installment payment of taxes and fees:

1) a list of contractors-debtors of the taxpayer indicating the prices of contracts;

2) documents on the property that may be the subject of 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.

A 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 taxes and (or) fees in equal installments are provided for a period not exceeding three years.

The main requirement for granting a deferral / installment plan is the availability of collateral of the taxpayer and (or) a third party, and (or) 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 cannot be pledged: life support objects; electrical, thermal and other types of energy; seized property; property on which there are restrictions imposed by state bodies, including tax authorities; property encumbered with the rights of third parties; perishable raw materials, food.

Along with the above, I inform you that in order to reduce tax arrears, as well as taking into account the difficult economic situation associated with the introduction of quarantine measures, all territorial departments of state revenue are conducting explanatory work by publishing articles in the media and social networks regarding the possibility of obtaining a deferral / installment payment of taxes and fees.