Increases by 2 times the norms of organizations' expenses for the payment of compensation for the use of employees' personal transport for business trips
Decree No. 417 of the Government of the Russian Federation of April 3, 2024 changed the norms of expenses for compensations to employees of organizations for the use of personal transport for official purposes.
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The list of imported goods subject to the VAT credit method has been amended
The List of imported goods for which VAT is paid by the offset method includes goods, the production of which does not exist in the territory of the Republic of Kazakhstan,Read more
As of March 15, the list of goods for which the issuance of electronic invoices through the "Virtual Warehouse" module of the IS ESF has been expanded
The list includes a number of petroleum products, petroleum coke, petroleum bitumen and other residues from the processing of crude oil or petroleum products, cyclic alcohols and their halogenated, sulfated, nitrated or nitrosated derivatives, bituminous mixtures based on natural asphalt, natural bitumen, petroleum bitumen, mineral resins or mineral resin pitch.
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As of February 12, 2024, changes to the Tax Code regarding gambling enterprises will come into effect
Bookmaker offices and totalizators must integrate their hardware and software complexes with the information systems of the tax authority for the automated transfer of information.Read more
Taxation of income of foreign organizations and reporting for individual entrepreneurs via the Taxpayer's personal account
Amendments to the Tax Code of the Russian Federation concerning the taxation of income of foreign organizations not related to entrepreneurial activity came into force on January 1, 2024
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From 2024, it is possible to receive more personal income tax deductions in a simplified procedure, and the amount of social deductions has also been increased
Currently, a simplified tax deduction is available:
- on homeownership expenses;
- mortgage interest expense;
- in the amount of funds deposited in an individual investment account (IIA).
Planned changes from the Presidential Address 2023 in terms of tax administration in Kazakhstan
From January 1, 2024, the minimum wage will change from 70,000 to 80,0000 tenge.Read more
Tax law changes effective August 31, 2023
From August 31, 2023, a number of changes in tax legislation come into force, which may affect many taxpayers.Read more
Provisions of international treaties on double taxation have been suspended
In accordance with the Decree of the President of the Russian Federation dated August 8, 2023, No. 585, the operation of a number of international agreements between Russia and other countries on the avoidance of double taxation (DTAs) has been suspended. Read more
