April 2020

EXEMPTION FROM PAYROLL TAXES AND ADDITIONAL TAX BENEFITS ARE PROVIDED TO CERTAIN TYPES OF ECONOMIC ACTIVITIES

The Resolution of the Government of Kazakhstan dated 20 April 2020 #224 «Concerning further measures on the implementation of the Decree of the President of the Republic of Kazakhstan dated 16 March 2020 #287 «Concerning further measures on stabilizing the economy» regarding tax matters» approved the list of economic activities exempt from payroll taxes and extended the 2019 annual tax reports filing deadline until 31 May 2020.

DEADLINE FOR FILING ANNUAL 2019 TAX REPORTS EXTENDED UNTIL 31 MAY 2020

The deadline for filing annual 2019 tax reports is extended until 31 May 2020. 

EXTENSION OF THE DATE OF THE IMPLEMENTATION OF SHIPPING INVOICES FOR GOODS

The deadline for implementing shipping invoices for goods was postponed to 1 July 2020.

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 tax incentives to certain categories of taxpayers.

TAX INCENTIVES AVAILABLE TO CERTAIN CATEGORIES OF TAXPAYERS IN CONNECTION WITH STATE OF EMERGENCY

The Resolution of the Government of the Republic of Kazakhstan dated March 20, 2020 No.126 “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” (as amended and supplemented on March 28, 2020) provides tax incentives to certain categories of taxpayers.

EXTENSION OF THE DEADLINE FOR SUBMITTING ANNUAL TAX REPORTS IN THE STATE OF EMERGENCY

In the course of implementation of the Decree of the President of the Republic of Kazakhstan dated 15 March 2020 No. 285 “Concerning the introduction of a state of emergency in the Republic of Kazakhstan” and in accordance with Articles 19, 212 of the Code of the Republic of Kazakhstan “Concerning taxes and other obligatory payments to the budget” (Tax Code), the deadline for submitting 2019 annual tax reports was extended until 30 April 2020, subject to electronic submission of those reports.

KASE EXTENDS DEADLINES FOR PROVISION OF REPORTS

KASE extends deadlines for provision of reports by members of Exchange, initiators of listing securities admission and auditing organizations.  

CALCULATION INDICATORS IN KAZAKHSTAN FROM APRIL 1, 2020

By the Decree of the President of the Republic of Kazakhstan “On the amended republican budget for 2020” dated April 8, 2020 No. 299 amended Article 7 of the Law of the Republic of Kazakhstan “On the republican budget for 2020-2022”.