Special tax regime for retail tax

From January 1, 2021, the Tax Code has been supplemented with Chapter 77-1 "Special tax regime for retail tax". The norm is valid from January 1, 2021 to January 1, 2023. In accordance with the instruction given by the Head of State in his message to the people of Kazakhstan on September 1, 2020, amendments were made to the Tax Code regarding the introduction of the SNR of the retail tax for entrepreneurs working in the sectors most affected by the pandemic. Taxpayers have the right to apply a special tax regime for retail tax, provided that they: 1) are recognized as small and medium-sized businesses in accordance with the Entrepreneurial Code of the Republic of Kazakhstan; 2) carry out one or several types of activities determined by the Government of the Republic of Kazakhstan for the purposes of applying this regime. The list of activities is established by a decree of the Government of the Republic of Kazakhstan.