Tax & Legal Alerts

• The Common Economic Area
• Legislative changes relating to taxation in SEZ; requirements to feasibilitc assessment of a new SEZ;  sample application form to register as a SEZ tenant
• Changes to tax administration
• Changes to rules of transaction monitoring for TP purposes
• Changes to procedures for making payments and remittances
• Changes to the chart of accounts intended for financial organisations
• dxdNew guidelines on accounting for transactions involving pension assets
• New list of strategic fields of natural resources
• Additional preferences to attract strategic investors

    Tax & Legal Alert October 2011 №16 (497 KB)

• A new law on SEZ and changes to related legislation
• Further increase in export customs duties on oil products
• Changes to legislation relating to migration, Islamic finance
• Changes to import VAT exemption rules
• A list of generally occurring mineral resources; Rules of issuance of permits to build structures in areas beneath which mineral resources  occur; Rules of economic assessment of documentation for subsoil projects
• A new list of organisations subject to monitoring for local content compliance
• Rules of importation and exportation of precious metals from/to countries outside of the customs union
• Changes to rules of entrance and stay of aliens in Kazakhstan
• Cancellation of the order relating to tariffs on oil transportation services
• Changes to application by courts of legislation concerning administrative violations
• Obligation to invest in research and development by subsoil users

    Tax & Legal Alert September 2011 №15 (236 KB)

• Overview of amendments to tax legislation.

    Tax & Legal Alert August 2011 №13 (172 KB)

• Overview of amendments introduced to the “Special Considerations in International Taxation” section of the Tax Code.

    Tax & Legal Alert August 2011 №12 (100 KB)

• Ratification of treaties  forming part of the CEA legal framework
• Export customs duty on oil products; ban on exportation of oil products extended
• Rules of reimbursement of exporters’ costs
• List of medications that can be imported on a VAT-exempt basis expanded
• New rules of abandonment of extractive sites
• Pricing rules for titanium and magnesium approved
• Standards of public services in the sphere of tax administration
• Changes to the standard of public services relating to the apostilisation of documents coming from justice authorities
• Taxpayer certificate for nonresidents
• Changes to the rules of liquidation of insurance firms
• Annual reporting forms for special purpose entities approved

    Tax & Legal Alert July 2011 №11 (204 KB)

• Transition to new identification numbers
• Ratification of treaties forming part of the Customs Union legal framework
• Tax treaties with Spain and Saudi Arabia
• Customs duties on exportation of oil products increased
• Rules for sale of restricted assets of a delinquent taxpayer
• Amendments to banking legislation
• Statistical reporting form to disclose trade flows to/from CU member countries
• Electronic data exchange system for subsoil information launched
• Draft laws and amendments
• Possible extension of the ban on exportation of oil products
• Changes in the National Fund Report

    Tax & Legal Alert May 2011 №10 (224 KB)

• New committees within NBK set up
• Agreement on joint markets for petroleum and petroleum products, Agreement on access to gas transportation systems in the CEA
• Patent Law Treaty ratified
• Authorised body to sell property of delinquent taxpayers designated
• Procedures for determination and application of market exchange rates revised
• National marine shipping company designated
• List of commonly occurring natural resources, special water use permission, ban on exportation of petroleum products extended
• SEZ Astana-New City expanded
• Changes to standards of public services relating to migration
• Proposed amendments to Tax Code, declaration of earnings by all citizens
• Foreign investors may be required to invest

    Tax & Legal Alert May 2011 №9 (512 KB)

• FSA and RFCA watchdog dissolved
• A new chart of accounts for banks and mortgage companies; Changes to accounting guidelines for banks
• The central commission for the exploration and development of mineral resources; interregional commissions for the exploration and development of generally occurring mineral resources
• Rules for burial of harmful substances and radioactive wastes and for discharge of waste water to the subsoil
• Changes to tax administration of VAT in respect to goods imported to Kazakhstan from customs union member states
• Changes to the rules of maintenance of taxpayer tax accounts
• Additions to the list of goods in respect of which VAT is paid on a set-off basis
• Postponement of payment or payment by installments of customs duties
• A list of goods traded on a commodity exchange

    Tax & Legal Alert April 2011 № 8 (548 KB)

• This special issue reminds you about the deadline for making payment of 2010 corporate income tax and compliance deadlines in relation to 2011 CIT advance payments

    Tax & Legal Alert April 2011 № 7 (356 KB)

•  A law on state property
• Regulations adopted under the Subsoil and Subsoil Use Law
• State commission for reserves of mineral resources set up
• Methodical recommendations on how to prepare mining work plans
• Changes to expatriate staffing rules – further information
• Telephone communication fee rate decreased
• Refinancing rate of the National Bank of Kazakhstan increased

    Tax & Legal Alert March 2011 № 6 (604 KB)

• This special issue notifies you regarding extension of the deadline for submission of tax  returns

    Tax & Legal Alert March 2011 № 5 (396 KB)

• A Law on Mediation
• A Law on Government Control and Supervision
• Minerals and extractive industry development programme through 2014
• Changes to advance pricing agreement rules
• Uranium concentrate pricing rules
• Preemptive right of the Republic of Kazakhstan to purchase mineral resources
• Representation of government interests in subsoil use contracts by a national company
• Review of draft subsoil use contracts for legal and regulatory compliance
• Historical expenditures and the cost of geological information
• Classifying subsoil use contracts as low profit contracts
• Employment of expatriates
• Changes to legislation relating to mortgage lending and protection of rights of consumers of financial services and investors

    Tax & Legal Alert March 2011 № 4 (612 KB)

• New tax reporting forms adopted; proposed  changes to the Tax Code; list of major taxpayers subject to monitoring updated
• Tax treaty with Spain ratified; changes to the tax treaty with the Czech Republic
• Documents establishing a common economic zone signed; effective dates of resolutions of the Customs Union Commission revised; CIS Economic Court authorized to settle disputes in EAEC; list of imported goods intended for industrial processing; rates of customs duties increased
• Reporting forms to be filed by subsoil users; subsoil use model contracts; research and development expenditures under subsoil use contracts; gas flaring in the course of petroleum operations
• Rules for reimbursement of exporters’ costs
• Alcohols restamping deadline rescheduled; marking of excisable goods
• Expatriate staffing quota for 2011
• Central Bank’s refinancing rate

    Tax & Legal Alert February 2011 № 3 (296 КВ)

• This special issue reminds you of the deadline for filing a declaration of estimated advance payments for corporate income tax (CIT) and its payment 

    Tax & Legal Alert January 2011 № 2 (424 КВ)

• This special issue notifies you of the increase of export customs duty on crude oil 

    Tax & Legal Alert January 2011 № 1 (122 КВ)

• Amendments to the Tax Code
• List of companies subject to audits by the governmental bodies in 2011
• Reduction of customs duties on export of certain types of oil products
• Amendments to production and turnover of  biofuel
• New rules for measuring and weighing of oil produced on contract area
• Working group for direct negotiations in relation to assignment of subsoil use rights to explore and produce minerals
• Program on attraction of investments, development of special economic areas and promotion of export for the period of 2010-2014
• Double Tax Treaties with Armenia, Czech Republic and Spain
• Customs Union changes
• Changes in unified budget classification
• Requirements applicable to tax residence certificate
• The list of large taxpayers subject to monitoring
• Draft law on debt collection activity
• Fiduciary responsibility of the management of JSCs

    Tax & Legal Alert December 2010 № 21 (1,13 МВ)

• PwC Legal Services
• PwC HR Services

    Tax & Legal Alert December 2010 № 20 (452 КВ)

• Oil and gas sector development program in RK for 2010-2014
• Rules for calculating the minimum  Kazakh local content in personnel
• Draft law  on state control and supervision
• Amendments to the instruction on state registration of legal entities, branches and representative offices
• Draft law  on counteraction of illegal seizure of business and property (raid)

    Tax & Legal Alert November 2010 № 19 (520 KB)

• Amendments to the Tax Code   
• Draft Republican Budget for 2011-2013
• Memorandum with Italy on exchange of information for tax purposes
• Convention on temporary import
• Tax treaty between Kazakhstan and Armenia
• Rules for write-off of late interest penalty and fine amounts
• Changes to the Rules for tax account administration
• Permits for natural and (or) oil and gas flaring
• Statutory prohibition on export of light distillates, kerosene and gasoil
• Unification of export customs duty rates for crude oil within the Customs Union territory
• Exemption of import of certain goods from customs duties
• Proposal to oblige foreign companies to place part of cash/securities on Kazakhstan bank deposits/stock exchange

    Tax & Legal Alert November 2010 № 18 (581 КВ)

• Customs union regulations
• VAT reporting
• Customs clearance of goods
• Convention on temporary import
• Toughening of criminal and administrative responsibility for operations in sphere of oil and oil products circulation
• Information on payment of taxes
• Universal tax reporting of income by individuals
• Simplification of tax reporting
• Tax administration of large taxpayers
• Proposal on transfer of legal entities state registration to Tax Committee of RK

    Tax & Legal Alert October № 16 (312 KB)

• Draft law introducing amendments to certain legislative acts of RK concerning taxation issues
• Exclusion of Switzerland from “black list”
• Instructions on application of risks management system for the purposes of excess VAT refund
• VAT offset for goods imported to Kazakhstan from the territory of Customs Union member states
• Commitment on subsequent export of temporarily imported goods, vehicles
• VAT settlement by non-residents without PE
• Desk audit/in-house control on VAT for the 3rd quarter of 2009
• Amendments to the Rules for tax accounts maintenance
• Export duty on crude oil

    Tax & Legal Alert September 2010 № 14 (143 KB)

• Customs Union
• Customs legislation
• Considerations arising from the entry into force of the Customs Union Customs Code
• Implementation of the Law of RK “On Investments”
• Tax reporting
• Progressive scale of personal income tax rates
• Electronic procurement of goods and services by subsoil users

    Tax & Legal Alert August 2010 № 13 (196 KB)

• Law of RK “Concerning Subsoil and Subsoil Use”
• Law of RK “Concerning Amendments to Some Legislative Acts on Customs Regulation and Taxation»
• Customs duties for importing vehicles by individuals for personal use
• New budget classification codes
• New tax form (Form 320.00)
• Identification numbers
• Double taxation avoidance agreement between the Republic of Kazakhstan and the Government of Malaysia
• Refinancing rate
• Launch of cameral control on value added tax
• Draft Decree of excluding Switzerland from the list of states with beneficial taxation

    Tax & Legal Alert July 2010 № 12 (123 KB)

• Introduction of Customs Duties om Export of Crude Oil and Oil Products

    Tax & Legal Alert July 2010 № 11 (115 KB)

• Enactment of the Customs Code of the Customs Union

    Tax & Legal Alert July 2010 № 10 (123 KB)

• Law on introduction of changes to certain legislative acts of RK concerning transfer pricing and taxation issues
• New bank accounts in RK
• Export customs duties
• Foreign citizens duration of stay in RK

    Tax & Legal Alert June 2010 № 9 (164 KB)

• Draft changes to the Tax Code related to creating a Customs union
• Law of RK "On Subsurface and Subsurface use"
• Updated risk assessment criteria
• Risk assessment criteria for subsurface use 
• Tax audit checklist
• List of offshore zones
• Universal declaring of income

    Tax & Legal Alert March 2010 № 5 (137 KB)

• Changes to the legislation on obligatory and mutual insurance and taxation
• Simplification of the state registration procedure for legal entities, branches and representative offices
• Recomendations on the conduction of tax audits of certain taxpayers
• The rules of determination of the volume of minerals transferred to the Republic of Kazakhstan in kind against tax obligations
• Suggestion to trasfer PSAs to current tax regime
• Introduction of amendments to the customs legislation
• Introduction of changes to tax reporting forms

    Tax & Legal Alert March 2010 № 4 (156 KB)

• Deadline for filing a declaration of estimated advance payments for corporate income tax (CIT) for the 1Q 2010

    Tax & Legal Alert January 2010 № 2 (121 KB)

• The list of companies subject to the audits by the governmental bodies in 2010 according to the Law on Individual Entrepreneurship
• Introduction of the Unified customs tariff within Customs union

    Tax & Legal Alert January 2010 № 1 (158 KB)

• Minimal monthly salary (MMS) and monthly calculation index (MCI)
• Amendments to the Tax Code dated 16 November 2009
• Amendments to the Customs Code
• Customs Union
• Convention between Japan and the Republic of Kazakhstan for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on income

    Tax & Legal Alert December 2009 № 13 (232 KB)