Tax monitoring
Tax monitoring is carried out by analyzing the financial and economic activities of taxpayers in order to determine their real taxable base, control compliance with the tax legislation of the Republic of Kazakhstan and applicable market prices in order to control transfer pricing.
Tax monitoring consists of:
1) monitoring of large taxpayers;
2) horizontal monitoring.
Monitoring of large taxpayers is subject to taxpayers that are commercial organizations, with the exception of state-owned enterprises, having the largest total annual income without taking into account the adjustment provided for in Article 241 of the Tax Code of the Republic of Kazakhstan, while simultaneously complying with the conditions provided for in Article 130 of the Tax Code of the Republic of Kazakhstan.
During the monitoring of large taxpayers, the authorized body has the right to require taxpayers subject to monitoring of large taxpayers to submit documents and written explanations confirming the correct calculation of taxes and the timeliness of payment (withholding and transfer) of taxes and payments to the budget, as well as the financial statements of the taxpayer (tax agent). ), including the financial statements of its subsidiaries.
Horizontal monitoring is carried out in order to establish the correctness of the calculation (withholding), payment (transfer) of taxes and other obligatory payments to the budget and provides for the exchange of information and documents between the authorized body and the taxpayer, which is based on the principles:
1) cooperation;
2) reasonable trust;
3) legality;
4) transparency;
5) expanded information exchange.
At the same time, the procedure for concluding and terminating an agreement on horizontal monitoring, as well as the categories of taxpayers with whom an agreement on horizontal monitoring is concluded, are established by the authorized body.