On extension of terms of tax obligation in the regions affected by floods

Today, the Minister of Finance of the Republic of Kazakhstan signed an order "On establishing a different procedure for regulating tax administration for persons affected by floods in the regions of the Republic of Kazakhstan" (Order No. 219 dated April 17, 2024), which becomes effective from the date of publication.

The document is aimed at extension of terms of tax obligation of persons affected by floods in regions where a state of emergency was announced

The relief can be used by taxpayers included in the lists of victims of the flood by akimats.

These persons before July 1, 2024:

- are granted a deferral for payment of all taxes and other mandatory payments to the budget, as well as social payments  in the period from 1 March to 30 June, 2024;

- the deadline to submit tax reports has been  postponed  in the period from 1 March  to 30 June 30, 2024;

- the adoption of ensuring the fulfillment of tax obligations not performed by the due date and measures  to enforce the payment  of tax debts has been suspended;

- deadlines for execution of notifications based on the results of cameral control have been extended  in the period from 1 March  to 30 June, 2024;

In addition, tax audits (complex, thematic, counter, time-based surveys) have been suspended until July 1, 2024, while the suspension period is not included in inspection and limitation period.

Furthermore, it is also provides for suspending scheduling of new tax audits in relation to the affected persons.

The accrual of penalties for unpaid taxes for the period from 1 March to 1 July, 2024 has also been suspended.

The proposed changes will apply to legal relations  arising from March 1, 2024.

Taxpayers have no need to contact the state revenue authorities, lists of victims will be received from akimats.