Anticipating the universal filing in Kazakhstan, individuals should be aware of and comply with current requirements of the tax law, already now.
If you are a Kazakhstan citizen and meet any of the below criteria, you are required to file annual tax declaration on IIT:
- you own a real estate property / securities / participation share in authorized capital of the legal entity, registered outside of Kazakhstan;
- you have money (in excess of 12 minimal monthly wage) on bank accounts in banks located outside of Kazakhstan;
- you receive income from sources outside of Kazakhstan;
- you receive salary or other income from diplomatic missions, consular offices or similar agencies of a foreign state, accredited in Kazakhstan, exempt from the obligation to withhold IIT from salaries and wages (unlike most other employers);
- you receive salary or other income from international and state organizations, foreign and Kazakhstan non-governmental public organizations and funds, exempt from the obligation to withhold IIT from salaries and wages in accordance with international treaties ratified by Kazakhstan.
The above list is not exhaustive and each case should be reviewed on an individual basis.