ALERT of the amendments to the Regulatory ruling of the Supreme Court of the Republic of Kazakhstan on tax legislation
The Supreme Court of the Republic of Kazakhstan drafted the amendments to the Regulatory ruling ‘On judicial practice on application of tax legislation’ dated 29 June 2017 No. 4. The amendments affected the provisions on recognition of transactions as invalid on the basis of the claims from the state revenue authorities.
Additional Measures to Support Taxpayers in a view of Imposing the State of Emergency in Kazakhstan
On 20 April 2020 the Government of the Republic of Kazakhstan adopted the Resolution introducing additional measures to support taxpayers
The Order of the First deputy of the Prime-Minister of the Republic of Kazakhstan – the Minister of finance of the Republic of Kazakhstan dated 13 April 2020 No. 379 “On amendment of the order of the First deputy of the Prime-Minister of the Republic of Kazakhstan – the Minister of finance of the Republic of Kazakhstan dated 26 December 2019 No. 1424 “On approval of the List of goods subject to accompanying notes issue as well as the Rules on their issue and circulation” (hereinafter – the ‘Order’) was published on 15 March 2020.
The Cabinet of Ministers of the Republic of Azerbaijan adopted Action Plan in accordance with the paragraph 10.2 of the Order #1950 of the President of the Republic of Azerbaijan dated March 19, 2020.
EAEU decisions which were adopted in connection with the distribution of COVID-19
On 3 April 2020, the Council of the Eurasian Economic Commission adopted decisions related to the distribution of COVID-19.
VAT refund procedure legal update
Regulation for refund of value added tax (“VAT”) paid by individuals, who are consumers, for goods (except for oil and gas products) purchased from persons engaged in retail trade or public catering in the territory of the Republic of Azerbaijan (“Regulation”) has been adopted by the Decree of the President of the Republic of Azerbaijan dated March 21, 2020.
Cancellation of apostilisation requirement in respect of tax residence certificates issued by Armenia and Kazakhstan
Please be informed that Kazakhstan and Armenia agreed on cancellation of apostilisation requirement in respect of documents confirming tax residence.
Measures to support taxpayers in view of imposing Higher Level of Readiness in Mongolia
At irregular meeting on 27 March 2020, the Government Cabinet approved a resolution to implement following measures to support the taxpayers during higher level of readiness due to spread of Covid19 in Mongolia
Additional measures to support taxpayers in a view of imposing the state of emergency in Kazakhstan
On 27 March 2020 under the adopted Resolution the Government of the Republic of Kazakhstan took additional measures to support taxpayers in view of the state of emergency in the country
Measures to support participants in foreign economic activity in connection with the declaration of the state of emergency in Kazakhstan
In connection with the declaration of the state of emergency in Kazakhstan, the Government has been taken the measures regarding customs regulation
New EAEU Decisions Adopted in Connection with the Distribution of COVID-19
On 27 March 2020 the Eurasian Economic College and Council adopted the decisions in connection with the distribution of COVID-19
Pandemic, taxes and bankruptcy in Russia. What to expect and what to get ready for?
The rapid spread of the new COVID-19 virus on the planet makes the government develop measures not only to combat the spread of its manifestations in the sanitary and epidemiological area but also prevent its negative impact on the economic and social aspects in the society.