DESTINATION KAZAKHSTAN
activities and grant tax benefits, for
land tax and property tax from the
moment of registration.
It is proposed to extend the
extraterritoriality regime for the SEZ
"PIT" members for a period up to 2028.
Also, for SEZ "PIT" participants, the
conditions for the social tax will
be bound to the cost ratio of labor
payment to general expenses.
11
Optimization of benefits
and payments
In order to modernize benefits, it is
proposed to increase their effectiveness
through particular changes.
To specify, the collection of auction
fees and payments for use of navigable
waterways are abolished, since the
state does not provide services and
permits in these cases.
It is proposed to abandon a
number of benefits. These include
the release of turnover on the
services of slot machines, the
implementation of lottery tickets,
state postal payment signs, import
of postage stamps.
Also, privileges that contradict the
requirements of the WTO are canceled,
since according to the requirements
of the WTO, equal conditions for
taxation should be applied for goods
of domestic production and import.
12
Social sphere
In order to address the issue of
increasing the financial burden on
business, it is proposed to reduce the
social tax rate from 11% to 9.5% by
decreasing the rate of contributions
to the state social insurance fund.
16
world monitor
To support the socially vulnerable layers
of the population, there are stipulations
for land tax benefits, registration fees, and
state duty for parents of disabled children.
It is proposed to exempt from VAT the
services of sports organizations provided
at the expense of the budget.
In order to reduce the financial burden on
citizens, the state fee for registration of
residence is excluded.
There is also a provision for terminating
the calculation of the tax on vehicles that
have been stolen.
13
Administration
It is proposed to practice a three-vector
administration, the introduction of
horizontal monitoring, a control account
of VAT, reducing the number of reasons
for inspections and other changes.
Also, the norms related to ‘pseudo
business’ have been revised, including the
exclusion of norms that entail the addition
of CIT and VAT to bona fide counterparties
according to schemes similar to pseudo-
enterprises.
Due to the fact that some aspects of the
new law come into effect at various stages,
a draft law on the enactment of the Tax
Code has been developed, providing for
transitional necessary strategic norms.
Also, a draft law with amendments and
additions to some legislative acts has
been drafted, since it is necessary to bring
the norms of the new Code and other laws
in line.
These are the main tax amendments.
A new ideology, new incentives and
new methods of administration lay the
foundation for qualitative improvements.
With the adoption of tax innovations,
tax disputes will decrease, the number
of inspections will be reduced, and
administration simplified. Processing raw
materials will receive incentives, lending
will be supported, agribusiness and SMEs
will receive convenient regimes. The tax
policy as a whole will become clear and
predictable.