Tax Alert - September - October 2015

MAIN CHANGES TO THE TAX CODE OF THE REPUBLIC OF KAZAKHSTAN

The Senate of the Parliament of the Republic of Kazakhstan (further "RoK") in the first reading accepted the draft Law "On amendments and additions to certain legislative acts on tax and customs administration" (further the "Draft Law").

According to the Draft Law, the following amendments are made to the Tax Code of the RoK (further the "Tax Code"):

√ Regarding the obligations of the taxpayer

In order to prevent illegal import of goods to the territory of the RoK and protect the domestic production, new subparagraphs are introduced in the article 14 of the Tax Code, according to which, the taxpayer will be obliged to formalize a way bill on goods in electronic form while importing goods to the territory of the RoK, and also while moving goods within the territory of the RoK.