TAX INCENTIVES TO CERTAIN CATEGORIES OF TAXPAYERS IN THE STATE OF EMERGENCY

The Resolution of the Government of the Republic of Kazakhstan dated March 27, 2020 No.141“On measures to implement the Decree of the President of the Republic of Kazakhstan dated March 16, 2020 No. 287 “On further measures to stabilize the economy on tax policy issues” provides the following tax incentives:

For the special categories of taxpayers: 
 
  • the VAT rate is 8% – for the period until October 1, 2020 on sales and import of goods included in the list of socially significant food products, which was approved by the Resolution of the Government of the Republic of Kazakhstan dated March 1, 2010 No. 145;
  • Excise tax exemption – for the period until December 31, 2020 for producers of gasoline (excluding aviation) and diesel fuel sold for export;
  • the coefficient “0” for 2020 – for the property tax rates of legal entities and individual entrepreneurs on taxable items used during business activities in the field of tourism, catering and hotel services.
For taxpayers classified as micro, small or medium-sized businesses: 
 
  • until June 1, 2020, payment of all taxes and other obligatory payments to the budget, as well as social payments has been suspended;
  • until June 1, 2020, measures regarding the application of methods to ensure the fulfillment of a tax obligation that were not fulfilled on time and the enforcement of tax and customs debts, social payments debt has been suspended, excepting for high-risk taxpayers;
  • until June 1, 2020, the deadline for the execution of the notification on elimination of violations identified on the results of cameral control occurring during the state of emergency (from March 15, 2020 to April 15, 020), has been extended, excepting for high-risk taxpayers;
  • the timing of inspections carried out by the state revenue authorities for the period of state of emergency has been suspended (the term of suspension is not included in the term of inspections).
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