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Kazakhstan Introduces Additional COVID-19 Tax Relief Measures

28 July 2020

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Approved Changes

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Kazakhstan

Kazakhstan has reportedly introduced additional tax relief measures in response to the COVID-19 pandemic. The measures include the following: a tax amnesty program is introduced that provides a waiver of penalties and interest for individuals with outstanding property tax, land tax, and vehicle tax due as on 1 April 2020, provided that the tax is paid by 31 December 2020; the automatic (simplified) refund of excess VAT is increased from 70% to 80% for large mining, smelting, and metallurgic companies; the import of aircraft spare parts, including engines, power plants, heat exchangers, radio altimeters, radar equipment, sensors, and housings are...