Code of the Republic of Kazakhstan «On taxes and other obligatory payments to the budget (Tax Code)» (25 December, 2017 № 120-VI, has been amended by the 2021)

Code of the Republic of Kazakhstan
«On taxes and other obligatory payments to the budget (Tax Code)»
(25 December, 2017 № 120-VI, has been amended by the 2021)

Unofficial translation

Throughout the text, the words «agreements on the settlement of insolvency», «procedures for resolving insolvency», «agreement on the settlement of insolvency» are replaced respectively by the words «agreements on debt restructuring», «debt restructuring procedures», «agreement on debt restructuring» in accordance with the Law of the Republic of Kazakhstan dated December 27, 2019 No. 290-VІ (shall be enforced upon expiry of ten calendar days after the day of its first official publication)

the words «oralman» and «oralmans» are replaced by the words «kandas» and «kandases», respectively, in accordance with the Law of the Republic of Kazakhstan dated 10.12.2020 No. 382-VI (effective from 01.01.2021)

This Code establishes basic principles of taxation, regulates the government-directed imposition, introduction, change, abolition of taxes, procedure for calculation and payment of taxes and other obligatory payments to the budget, as well as relations pertaining to the fulfillment of tax obligations.

1. GENERAL PART

SECTIO№ 1. GENERAL PROVISIONS

Chapter 1.BASIC PROVISIONS

Article 1. Basic definitions used in this Code

1. Basic definitions used in this Code for tax purposes are as follows:

1) information processing services - services for the collection and generalization of information, systematization of bulk information (data) and making the outcome of information processing available to the user;

2) special tax regime -special procedure for the calculation and payment of certain types of taxes and other obligatory payments to the budget, as well as filing tax returns on them by certain types of taxpayers;

2-1) organization of the body of the ASTANA International Financial Center - a legal entity registered in accordance with the current law of the ASTANA International Financial Center, whose 50 or more percent of the participation interest (voting shares) directly or indirectly belongs to the body of the ASTANA International Financial Center.

Indirect ownership means ownership by the body of the ASTANA International Financial Center through another legal entity that directly belongs to the body of the ASTANA International Financial Center;

This wording of subparagraph 3) is in effect until 01.01.2023 according to Law of the Republic of Kazakhstan № 121-VI as of 25.12.2017 (for the suspended wording, refer to the archival version of the Tax Code of the Republic of Kazakhstan as of 25.12.2017)