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Kyrgyzstan Extends Penalty Relief for Outstanding Tax and Social Security Contributions

29 December 2021

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Approved Changes

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Kyrgyzstan

The Kyrgyzstan State Tax Service has announced the extension of penalty relief for outstanding tax and social security (insurance) contributions due up to 1 July 2020. If the principal amount due is paid in full by 1 July 2022, 100% relief from accrued penalties, sanctions, and fines is provided. If the principal amount due is paid in full by 31 December 2022, 50% relief is provided. Relief is similarly provided for outstanding tax and social security contributions after 1 July 2020 based on the results of a tax audit or revised submissions by a taxpayer for tax periods before that...