Question:
Is a LLP operating under the generally established tax regime entitled to deduct the costs of renting a vehicle from an individual under a civil contract?
Answer:
Yes. Vehicle rental expenses incurred by an LLP operating under the generally established tax regime under a civil contract with an individual are deductible when calculating Corporate Income Tax, it's permitted provided that the expenses are directly related to activities aimed at generating income and are supported by the appropriate primary accounting documents issued in accordance with the legislation of the Republic of Kazakhstan on accounting and financial reporting.