• Home
  • CIT changes in Kazakhstan

CIT changes in Kazakhstan

Amendments were made to the Tax Code on the calculation of CIT

(Law of the Republic of Kazakhstan dated December 21, 2022 No. 165-VII ZRK)

From January 1, 2023:

  1. Not considered as CIT income:

– the cost of electrical networks accepted on a gratuitous basis by an energy transmission organization on the balance sheet from state or local executive bodies, other energy transmission organizations, or owners of electrical networks that do not carry out activities for the transmission of electrical energy;

– increase in the cost balance of groups (subgroups) of depreciable assets resulting from the application of a conditional coefficient by a subsoil user under a contract for the exploration and production or production of hydrocarbons for complex projects (with the exception of onshore gas projects).

  1. Confirmation of travel by a boarding pass or other document is not required for deduction the amounts of compensation for business trips and trips of members of the taxpayer’s management body.
  2. Non-commercial organizations exclude from their total annual income the mandatory expenses of the owners of apartments, non-residential premises of a multi-apartment residential building, aimed at accumulating money for capital repairs of the common property of the condominium object.
  3. The CIT deduction for the amount of expenses for contributions to the social health insurance fund is made by the taxpayer not for paid, but for accrued contributions, by analogy with social contributions.
  4. The bodies of the center and their organizations that meet the conditions specified in paragraph 2 of Article 6 of the Constitutional Law of the Republic of Kazakhstan “On the Astana International Financial Center” are exempt from the obligation to calculate and pay advance payments, including the submission and preparation of tax reporting on them.
  • Author: Gunel Musa

Public Relations Manager

30.01.2023
Back

Latest news

GREAT VICTORY! ZULEYKHA SHABANOVA, OFFICIALLY SPONSORED BY FCHAIN, WON 5 GOLD MEDALS IN GEORGIA!
09.04.2024
GREAT VICTORY! ZULEYKHA SHABANOVA, OFFICIALLY SPONSORED BY FCHAIN, WON 5 GOLD MEDALS IN GEORGIA!
On April 6-7, with the Financial Chain Corporation’s support, Pro Sport Gymnastics Club participated in the International Gymnastics Tournament "Venera Cup" in Tbilisi, Georgia. About 250 gymnasts starting from 3 years old from 7 countries participated in the competition. Pro Sport participated with a large team, 29 gymnasts managed to stand out in the competition
Read More
Interview of Managing Partner of Financial Chain Corporation, Chairman of the Board of Caspian Energy Club Czechia Zaur Gadirov to media
09.04.2024
Interview of Managing Partner of Financial Chain Corporation, Chairman of the Board of Caspian Energy Club Czechia Zaur Gadirov to media
Chairman: Top priority of 18th international Caspian Investment Forum 2024 is to establish successful business ties between Czech and Azerbaijani companies “The top priority of the forth-coming 18th international Caspian Investment Forum 2024 is to establish successful business ties between Czech and Azerbaijani companies, as well as expand business dealings in all countries where Caspian
Read More
BAHRAM BAGHIRZADEH’S BOOKS ARE PUT ON SALE IN “KOSMAS” AND “ACADEMIA” BOOKSTORES OF CZECHIA
08.04.2024
BAHRAM BAGHIRZADEH’S BOOKS ARE PUT ON SALE IN “KOSMAS” AND “ACADEMIA” BOOKSTORES OF CZECHIA
The children’s books “Baku for Children,” Shusha for Children,” “Prague for Children,” and “Christian Churches in Azerbaijan” by Bahram Baghirzadeh, a member of the Club of the Cheerful and Sharp-witted (CCS) team “Guys from Baku,” an Honoured Artist of the Azerbaijan Republic are put on sale in the Czech Republic. The mentioned books are displayed
Read More

Consultation

Contact us or find nearest office