Kazakhstan Republics Karzhy ministerinіn 2018 zhylgy 13 akpandagy No. 171 buyrygyna өzgerіster engіzu turaly bass releases

Kazakhstan Republics Karzhy ministerinіn

2018 zhylgy 13 akpandagy No. 171 buyrygyna

өzgerіster engіzu turaly

bass releases

 

The Ministry of Finance of the Republic of Kazakhstan has developed an order of the Deputy Prime Minister - Minister of Finance of the Republic of Kazakhstan “On Amendments to the Order of the Minister of Finance of the Republic of Kazakhstan dated February 13, 2018 No. 171 “On Approval of the Rules and Terms for Submitting Information to State Revenue Authorities” in order to bring the with the current legislation of the Republic of Kazakhstan (Order of the Deputy Prime Minister - Minister of Finance of the Republic of Kazakhstan dated June 10, 2022 No. 575, hereinafter - Order No. 575).

In 2010, the United States passed the Foreign Account Tax Compliance Act (FATCA) to eliminate the concealment of income related to foreign financial accounts of US taxpayers.

The agreement between the Government of the Republic of Kazakhstan and the Government of the United States of America on the improvement of international tax discipline was signed on September 11, 2017 and ratified by the Law of the Republic of Kazakhstan No. international tax discipline”, which entered into force on April 5, 2022.

In order to implement the Agreement on the territory of the Republic of Kazakhstan, the above Order No. 575 was developed. According to this order, financial organizations will provide the necessary information to the authorized body of the Republic of Kazakhstan (State Revenue Committee of the Ministry of Finance of the Republic of Kazakhstan).

This order was posted on the Internet portal of open regulatory legal acts https://legalacts.egov.kz/npa/view?id=14084702 on 29.04.2022.