Article 319. Income of a taxpayer carrying out insurance activities under insurance, reinsurance contracts tax code of the Republic of Kazakhstan

Home / Codes / Article 319. Income of a taxpayer carrying out insurance activities under insurance, reinsurance contracts tax code of the Republic of Kazakhstan

1. a taxpayer who is an insurance, reinsurance organization or export credit agency of Kazakhstan in accordance with the legislation of the Republic of Kazakhstan recognizes income of the following types as income under insurance, reinsurance contracts:

1) insurance income (income from insurance);

2) financial income on insurance (reinsurance);

3) adjustment of expenses for the component of losses;

4) component of compensation for reinsurance losses;

5) income from the formation of a reinsurance asset for risk adjustment to non-financial risk for losses incurred;

6) income on the formation of a reinsurance asset for losses incurred;

7) income from reducing the risk adjustment to non-financial risk on the liability for losses caused;

8) income related to compensation for regression claims and losses (subrogation);

9) income related to the receipt of interest on the debts of policyholders;

10) other income under insurance, reinsurance contracts, with the exception of income specified in Article 245 of this code.

The following are:

1) insurance income (insurance income) recognized in accordance with International Financial Reporting Standards and (or)requirements of the legislation of the Republic of Kazakhstan on accounting and financial reporting using the premium distribution method;

2) insurance income (insurance income)recognized in accordance with International Financial Reporting Standards and (or) requirements of the legislation of the Republic of Kazakhstan on accounting and financial reporting using a general assessment model;

3) income from margin depreciation under insurance (reinsurance) contracts;

4) income from reducing the risk adjustment to non-financial risk for the remaining compensation obligation in the form of insurance income (insurance income).

The income provided for in this paragraph is determined in accordance with International Financial Reporting Standards and (or) the requirements of the legislation of the Republic of Kazakhstan on accounting and financial reporting.

2.the provisions of this article shall not apply to insurance, reinsurance contracts, according to which income in the form of insurance premiums is recognized in full in accordance with International Financial Reporting Standards and (or) the requirements of the legislation of the Republic of Kazakhstan on accounting and financial reporting until January 1, 2012.

3.reimbursement of expenses to the taxpayer on insurance payments on the basis of the right of reverse claim (recourse) to the person who caused the damage and (or) to the reinsurance organization in accordance with the reinsurance contract is recognized as income in the form of reimbursement of expenses on insurance payments.

At the same time, income in the form of insurance contributions, which entered into force before January 1, 2012, in accordance with International Financial Reporting Standards and (or) the requirements of the legislation of the Republic of Kazakhstan on accounting and financial reporting, including recognized after December 31, 2011, the taxpayer's income in the form of reimbursement of expenses for insurance payments under accumulative insurance, reinsurance contract, non-accumulative insurance, life reinsurance contract, is determined by the formula:

K x (A/B), where:

K-income in the form of reimbursement of expenses for insurance payments, subject to receipt (receipt) in the reporting tax period;

A-insurance contributions to be withdrawn (received), including the date of recognition of income in the form of reimbursement of expenses for insurance payments in the reporting tax period after December 31, 2011;

B-insurance contributions subject to withdrawal (received), including the date of recognition of income in the form of reimbursement of expenses for insurance payments in the reporting tax period from the date of entry into force of the agreement.

Code of the Republic of Kazakhstan dated July 18, 2025 No. 214-VIII kr

President

Republic of Kazakhstan

Constitution Law Code Standard Decree Order Decision Resolution Lawyer Almaty Lawyer Legal service Legal advice Civil Criminal Administrative cases Disputes Defense Arbitration Law Company Kazakhstan Law Firm Court Cases

______________________________

To recognize as invalid the Code of the Republic of Kazakhstan (tax code) of December 25, 2017 "on taxes and other mandatory payments to the budget" from January 1, 2026 in connection with the entry into force of the tax code of the Republic of Kazakhstan dated July 18, 2025 No. 214-VIII.

Article 319. Annual income of an individual code of the Republic of Kazakhstan on taxes and other mandatory payments to the budget (tax code)

 1. annual income of an individual during the tax period in the Republic of Kazakhstan and outside its borders of this person:

1) from the source of payment;

2) income subject to receipt (receipt) by an individual in the form of income subject to independent taxation.

2. The following are not considered as income of an individual:

1) compensation payments to employees within the limits of the norms established by collective, labor contracts and (or) the employer's act, in cases where the work of employees is related to official trips along the road, which are of a traveling nature, within the limits of the serviced areas;

2) during official trips, including for the purpose of training, advanced training or retraining of an employee in accordance with the legislation of the Republic of Kazakhstan, unless otherwise established by this article:

compensation established by subitems 1), 2) and 4) of Item 1 of Article 244 of this code;

For a business trip within the Republic of Kazakhstan-daily compensation not exceeding 6 times the monthly calculation index established by the law on the Republican budget and effective as of January 1 of the corresponding financial year for each calendar day of a business trip for a period not exceeding forty calendar days of a business trip;

For a business trip outside the Republic of Kazakhstan-daily compensation not exceeding 8 times the monthly calculation index established by the law on the Republican budget and effective as of January 1 of the corresponding financial year for each calendar day of a business trip within a period not exceeding forty calendar days of a business trip;

3) compensation for official, including business trips for the purpose of training, advanced training or retraining of an employee in accordance with the legislation of the Republic of Kazakhstan, carried out by state institutions in the amounts established by the legislation of the Republic of Kazakhstan, with the exception of state institutions maintained at the expense of budget funds (cost estimates) of the National Bank of the Republic of Kazakhstan;

4) compensation for official trips, including for training, advanced training or retraining of an employee in accordance with the legislation of the Republic of Kazakhstan, carried out by state institutions maintained at the expense of the budget of the National Bank of the Republic of Kazakhstan (cost estimates) in the amounts and in accordance with the procedure provided for by the legislation of the Republic of Kazakhstan;

5) compensation for travel expenses, relocation of Property, Lease (Lease) of housing for a period not exceeding thirty calendar days when the employee moves to work in another place or moves to another place together with the employer, certified by a document;

6) expenses of the employer that are not related to the implementation of activities aimed at generating income and are not subject to deductions that are not distributed to specific individuals;

7) field share of employees engaged in geological and exploration, topographic and geodetic and survey work in field conditions in the amount of 2 times the monthly calculation index established by the law on the Republican budget for each calendar day of such work and effective as of January 1 of the corresponding financial year;

8) to ensure the life of persons working on a rotational basis by the employer, creating conditions for the performance of work and Inter-shift rest during their stay at the production facility:

Property Lease (Lease) of a residential building;

expenses for meals within the limits of daily compensation established by subitem 2) of this item;

9) expenses of the employer related to the delivery of employees from the place of residence (stay) to the place of work in the Republic of Kazakhstan and back;

9-1) professional payment at the expense of the employer in accordance with the Labor Code of the Republic of Kazakhstan;

10) according to the norms established by the legislation of the Republic of Kazakhstan, the cost of issued special clothing, special shoes, including their repair, personal protective equipment, detergents and disinfectants, means of preventive treatment, first-aid kit, milk or other food products of equal price and (or) specialized products for dietary (therapeutic and preventive) nutrition;

10-1) the cost of uniform issued to an employee in cases where the legislation of the Republic of Kazakhstan establishes the obligation to wear and (or) provide uniform;

10-2)employer's expenses in favor of employees (including compensation for employees ' expenses), aimed at laboratory examination, provision of individual protective equipment, medical examinations, preventive vaccinations, medical observation, treatment, isolation, hospitalization in connection with the introduction of restrictive measures, including quarantine, as a result of recognizing the disease as a pandemic by the decision of the Emergency Committee of the World Health Organization;

11) amounts of pension savings sent by depositors of the unified accumulative pension fund and voluntary accumulative pension funds in accordance with the procedure provided for by the legislation of the Republic of Kazakhstan for payment of insurance premiums under the concluded accumulative insurance (pension annuity) agreement to life insurance organizations, the amount of money to be returned to the unified accumulative pension fund under the pension annuity agreement, as well as the amounts of repayment under the pension annuity agreement sent to insurance organizations;

12) amounts of penalties recorded for late accrual, withholding, non-transfer of social benefits in the amounts established by the legislation of the Republic of Kazakhstan;

13) if the specified expenses are incurred separately from the rental fee, incurred by an individual tenant who is not an individual entrepreneur, or by a lessor who is not an individual entrepreneur, the Property Lease (Lease) of a dwelling, residential premises (apartment) is paid by him in the following cases::

Maintenance of the common property of the condominium object in accordance with the housing legislation of the Republic of Kazakhstan;

To pay for Utilities provided for by the law of the Republic of Kazakhstan" on housing relations";

expenses for the repair of a residential building, residential premises (apartment);

14)excess of the market value of the underlying asset of the option at the time of execution of the option over the price of execution of the option (the price of execution of the option is the price at which the underlying asset of the option is registered in the relevant document, which served as the basis for transfer of the option to an individual);

15) the cost of goods transferred for advertising purposes free of charge (including in the form of a gift), if the cost of a unit of such goods does not exceed 5 times the monthly calculation index established by the law on the Republican budget for the corresponding financial year and valid on the date of such transfer;

16) representative expenses for the reception and service of persons carried out in accordance with Article 245 of this code;

17) material benefits received from legal entities and individual entrepreneurs, including from saving remuneration for the use of loans (loans, micro-loans) received by the employee from his employer;

18) a loan (Loan, Mortgage Loan, Mortgage Housing Loan, micro-loan) initiated after the issuance of a loan (Loan, Mortgage Loan, Mortgage Housing Loan, micro-loan) to such a person;:

the borrower individual is recognized as missing, incapacitated, with limited legal capacity on the basis of a court decision that has entered into force, or he is declared dead on the basis of a court decision that has entered into force;

the borrower individual has a disability of the first or second group, as well as the death of the borrower individual;

in cases of loss of income due to the breadwinner, pregnancy and childbirth, adoption of a newborn child (children), care of a child until he reaches the age of one year, an individual borrower receiving social benefits in accordance with the social code of the Republic of Kazakhstan has no income other than the specified payments;

property of an individual borrower and third parties jointly with an individual borrower who are jointly and severally liable to a second-tier bank (mortgage organization, microfinance organization (with the exception of a credit partnership and a pawnshop, in the absence of securities or income and in the absence of measures taken by the bailiff to determine his property or income in accordance with the legislation of the Republic of Kazakhstan on enforcement proceedings and the status of bailiffs, the decision of the bailiff to return the enforcement document to a second-tier bank (mortgage organization, microfinance organization (except for a credit partnership and pawnshop;

in cases where the pledged property, which fully secured the main obligation at the date of conclusion of the mortgage agreement, was sold at auction in an out-of-court manner at a price lower than the amount of the main obligation, or after the sale of the pledged property for the amount of an outstanding loan (mortgage loan, mortgage housing loan, microcredit) in accordance with the law of the Republic of Kazakhstan "on real estate mortgage", such property, income upon termination of obligations on a micro-loan), including the principal debt, Remuneration, Commission and forfeit (Penalty, Penalty).

Provisions of paragraphs five and six of the first part of this subparagraph:

issued to an employee of a second-tier bank (mortgage organization, microfinance organization (except credit partnership and pawnshop), spouse (s), close relatives of an employee of a second-tier bank (mortgage organization, microfinance organization (except credit partnership and pawnshop), a party related to a second-tier bank (except mortgage organization, microfinance organization (except credit partnership and pawnshop) ;

the transfer of the right of claim and (or) the transfer of the debt does not apply to the termination of obligations on the loan (Loan, Mortgage Loan, Mortgage Housing Loan, microcredit;

Note of the ZKAI! Subparagraph 19) is valid until 01.01.2027 by the law of the Republic of Kazakhstan dated 25.12.2017 No. 121 – VI.

19) second-tier bank (mortgage organization, microfinance organization (with the exception of credit partnerships and pawnshops):

forgiveness of the principal debt;

forgiveness of arrears on Remuneration, Commission ,forfeit (Penalty, Penalty) ;

income generated upon termination of obligations in accordance with the civil legislation of the Republic of Kazakhstan on a loan (Loan, Mortgage Loan, Mortgage Housing Loan, microcredit) issued by such a person in the form of income received as a result of payment by a second-tier bank, an organization carrying out certain types of banking operations, as well as a collection agency;

Note of the ZKAI! Subparagraph 20) is valid until 01.01.2027 by the law of the Republic of Kazakhstan dated 25.12.2017 No. 121 – VI.

20) on a mortgage housing loan (mortgage loan) received before January 1, 2016, subject to refinancing under the program of refinancing Mortgage Housing Loans (mortgage loans) approved by the National Bank of the Republic of Kazakhstan:

forgiveness of the principal debt in terms of the amount of previously capitalized interest, commission, forfeit (Penalty, Penalty) ;

forgiveness of arrears on Remuneration, Commission ,forfeit (Penalty, Penalty) ;

reduction of the amount of requirements for the borrower as a result of recalculation of such an amount on the amount of the principal debt of a mortgage housing loan (mortgage loan) received in foreign currency using the official exchange rate of the National Bank of the Republic of Kazakhstan as of August 18, 2015;

For a borrower belonging to socially vulnerable segments of the population in accordance with the legislation of the Republic of Kazakhstan on housing relations, income generated in the form of income received by such a person in the form of payment of the state fee from a lawsuit filed in court by a bank, an organization carrying out certain types of banking operations, as well as an organization that voluntarily returned a license for banking operations by an authorized body;

21) the value of legalized property, including money, in accordance with the law of the Republic of Kazakhstan "on amnesty to citizens of the Republic of Kazakhstan, oralmans and persons with a residence permit in the Republic of Kazakhstan in connection with their legalization of property" ;

22) mandatory professional pension contributions to the unified accumulative pension fund in the amount established by the legislation of the Republic of Kazakhstan;

23) a loan (Loan, Mortgage Loan, Mortgage Housing Loan, micro-loan) initiated after the issuance of a loan (loan, mortgage loan, micro-loan) to such a person;:

the borrower-an individual is recognized as missing, incapacitated, with limited legal capacity on the basis of a court decision that has entered into legal force, or declared dead on the basis of a court decision that has entered into legal force;

the borrower-individual has a disability of the first or second group, as well as the death of the borrower-individual;

in cases of loss of a breadwinner, loss of income due to pregnancy and childbirth, adoption of a newborn child (children), care of a child until the child reaches the age of one year, the individual borrower receiving social benefits in accordance with the social code of the Republic of Kazakhstan has no income other than the specified payments;

in the absence of property, including money, securities or income, which can be used for foreclosure by an individual borrower and third parties jointly or subsidized liability to the bank (microfinance organization, mortgage organization), and in the absence of measures taken by the bailiff to determine his property or income in accordance with the legislation of the Republic of Kazakhstan on enforcement proceedings and the status of bailiffs, the bailiff, mortgage organization) the resolution on the repayment has entered into legal force.;

in cases where the mortgaged property, which fully secured the main obligation at the date of conclusion of the mortgage agreement, was sold out of court at auction at a price below the amount of the main obligation, or after the sale of the mortgaged property, such property was transferred to the property of the mortgagee for the amount of an outstanding loan (mortgage loan, mortgage housing loan, micro-loan) in accordance with the law of the Republic of Kazakhstan "on real estate mortgage", the loan (Loan, Mortgage Loan, Mortgage Housing Loan) in accordance with the civil legislation of the Republic of Kazakhstan (Loan, Mortgage Loan, Mortgage Housing Loan, income upon termination of obligations on a micro-loan), including the principal debt, Remuneration, Commission and forfeit (Penalty, Penalty).

Provisions of paragraphs five and six of the first part of this subparagraph:

issued to an employee of a bank (mortgage organization, microfinance organization), spouse (spouse) of an employee of a bank (mortgage organization, microfinance organization), close relatives, a party related to the bank (mortgage organization, microfinance organization) ;

the transfer of the right of claim and (or) the transfer of the debt does not apply to the termination of obligations on the loan (Loan, Mortgage Loan, Mortgage Housing Loan, microcredit;

23-1) voluntary pension contributions transferred by the tax agent in favor of the employee to the unified accumulative pension fund, to the voluntary accumulative pension fund;

24) upon termination of obligations on a loan (Loan, Mortgage Loan, Mortgage Housing Loan, microcredit) issued by a bank (mortgage organization, microfinance organization) in accordance with the civil legislation of the Republic of Kazakhstan:

forgiveness of the principal debt;

forgiveness of arrears on Remuneration, Commission, forfeiture (Penalty, Penalty).

The provisions of this subparagraph shall also apply if the obligation is forgiven by the person who has been granted the right of claim for a loan (loan, microcredit) in accordance with the laws of the Republic of Kazakhstan "on banks and banking activities in the Republic of Kazakhstan" and "on microfinance activities;

24-1) income received by the borrower as a result of payment by the bank, the organization that carries out certain types of banking operations, as well as by the collection agency of the state fee from the statement of claim submitted to the court;

25) at the expense of budget funds in accordance with the legislation of the Republic of Kazakhstan, including:

Provision of the volume of services for preschool education and training, technical and professional, post-secondary, higher, postgraduate education, advanced training and retraining of employees and specialists, as well as training in the preparatory departments of educational institutions, carried out in the form of a state educational order in accordance with the legislation of the Republic of Kazakhstan in the field of Education;

provision of a guaranteed amount of free medical care;

payment of state contributions to compulsory social health insurance;

provision of rehabilitation treatment, rehabilitation and Recreation at sanatorium-resort facilities;

provision of medicines and medical devices;

Material benefits received in the provision of goods, works, services to a person with disabilities by local executive bodies of the region, city of Republican significance, capital in accordance with the legislation of the Republic of Kazakhstan on social protection. At the same time, the provisions of this paragraph:

a person with a disability;

applies to an individual who is a personal assistant who provides social services to a person with a disability of the first group with difficulty moving;

26) payments to individuals for the purchase of personal property of an individual from them.

If the payment provided for in this subparagraph is made by a tax agent, the provisions of this subparagraph apply to an individual who submits an application to the tax agent indicating that the personal belongings being sold are not used in business activities and are not a taxable object for calculating personal income tax from income subject to independent taxation by an individual;

27) actual expenses of the employer to pay for training, advanced training or retraining in accordance with the legislation of the Republic of Kazakhstan, made with the registration of an official business trip to another place when sending an employee for training, advanced training or retraining in a specialty related to the employer's activities;

28) during the period established by the agreement – material profit from saving remuneration received by the payment card holder on a bank loan in connection with the provision of an interest-free period under the agreement concluded between the second-tier bank and the client;

29) the amount credited by the issuing bank to the account of the payment card holder at the expense of the issuing bank for making non-cash payments using the payment card;

30) in case of sending civil servants, Deputies of the Parliament of the Republic of Kazakhstan, judges on an official business trip related to the implementation of state functions, income in the form of payment for travel and accommodation to these persons by a tax agent who is not an employer, if the following conditions are met:

invitation to domestic and foreign trips at the expense of a tax agent who is not an employer is carried out at the expense of a tax agent with the consent of a higher official or body for participation in scientific, sports, creative, professional, humanitarian activities, including trips carried out within the framework of the statutory activities of such a tax agent;

Availability of an order (order) of an official of a state body in accordance with the legislation of the Republic of Kazakhstan;

31) according to the list approved by the Government of the Republic of Kazakhstan in accordance with the legislation of the Republic of Kazakhstan on social protection – the cost of technical auxiliary (compensatory) means and special means of movement provided free of charge by the employer to an employee recognized as a person with a disability due to injury at work or occupational disease due to the fault of the employer;

32) the cost of services in the form of prosthetic and orthopedic care provided by the employer free of charge to an employee recognized as a person with a disability due to injury at work or occupational disease due to the fault of the employer, in accordance with the legislation of the Republic of Kazakhstan on social protection;

33) payments to secret assistants in accordance with the laws of the Republic of Kazakhstan" on operational search activities "and" on counterintelligence activities;

34) expenses of the employer for sending an employee to training, advanced training or retraining in accordance with the legislation of the Republic of Kazakhstan, made without registration of an official business trip, in the case of training, advanced training or retraining in a specialty related to the employer's activities:

actual expenses for payment for training, advanced training or retraining of an employee;

actual expenses for the employee's residence within the limits of the norms established by the authorized body;

actual expenses for the employee's admission to the educational institution and return after the completion of training, advanced training or retraining;

employer:

during the period of training, advanced training or retraining of an employee within the Republic of Kazakhstan – 6 times the monthly calculation index established by the law on the Republican budget and effective as of January 1 of the corresponding financial year for each calendar day on which the employee underwent training, advanced training or retraining;

during the period of training, advanced training or retraining of an employee outside the Republic of Kazakhstan – the amount of money assigned to pay an employee within 8 times the monthly calculation index established by the law on the Republican budget and effective as of January 1 of the corresponding financial year for each calendar day on which the employee underwent training, advanced training or retraining;

35) the amount credited to the account of an individual by the bank and (or) the national postal operator at the expense of the bank and (or) the national postal operator for making non-cash payments;

36) by a decision of an autonomous educational organization that makes such expenses for training, advanced training or retraining of an individual who is not in an employment relationship with an autonomous educational organization, defined in subitems 2) and 3) of Item 1 of Article 291 of this code, but is in an employment relationship with another autonomous educational organization, defined in subitems 1)-5) of Item 1 of Article 291 of this code, the expenses of this autonomous educational organization upon admission with the indication of a specialty:

actual expenses for the payment of training, advanced training or retraining of an individual;

actual expenses for living within the norms established by the authorized body;

actual expenses incurred when an individual enters an educational institution and returns after completion of training, advanced training or retraining;

independent educational organization:

during the period of training, advanced training or retraining of a student within the Republic of Kazakhstan – 6 times the monthly calculation index established by the law on the Republican budget and effective as of January 1 of the corresponding financial year for each calendar day on which the employee underwent training, advanced training or retraining;

the amount of money assigned to pay an individual within 8 times the monthly calculation index established by the law on the Republican budget and effective as of January 1 of the corresponding financial year – for each calendar day of training, advanced training or retraining of a student outside the Republic of Kazakhstan;

37) payments of the following types made by an autonomous educational organization, defined by subitem 2) of Item 1 of Article 291 of this code:

actual expenses for payment for training and (or) professional practice provided for by the full-time educational program at the following levels of Education:

post-secondary education;

higher education;

postgraduate education;

actual expenses for paying for participation in an extracurricular activity event;

on the basis of documents confirming travel and booking expenses (including an electronic ticket in the presence of a document confirming the fact of payment of the cost) – actual expenses for travel to and from the place of training and (or) professional practice provided for in this subparagraph, including payment for booking expenses, as well as to the place of extracurricular activities;

actual expenses for living within the norms established by the authorized body;

the following:

6 times the monthly calculation index established by the law on the Republican budget and effective as of January 1 of the corresponding financial year, for each day of study and (or) professional practice, participation in extracurricular activities-within the period stipulated by the decision of the autonomous educational organization, determined by subparagraph 2) of Paragraph 1 of Article 291 of this code when an individual is sent within the Republic of Kazakhstan;

8 times the monthly calculation index established by the law on the Republican budget and effective as of January 1 of the corresponding financial year, for each day of study and (or) professional practice, participation in extracurricular activities-within the period stipulated by the decision of the autonomous educational organization, determined by subparagraph 2) of Paragraph 1 of Article 291 of this code when an individual is sent outside the Republic of Kazakhstan;

amounts of money assigned to pay an individual within the limits of expenses (cost of a visa, consular services, compulsory medical insurance) incurred when issuing an entry and exit permit (visa) on the basis of supporting documents.

The provisions of this subparagraph are determined by subparagraph 2) of Paragraph 1 of Article 291 of this code on the date of making a decision by an autonomous educational organization and for the period of passing educational and (or) professional practice, participation in extracurricular activities in such an autonomous educational organization:

in the preparatory department;

at the following levels of Education:

Primary School, which includes preschool education and training;

main school;

high school;

the following levels of Education:

post-secondary education;

higher education;

applied to individuals studying full-time in postgraduate education;

38) material profit received by an individual studying in the preparatory department of an autonomous educational organization, defined by subparagraph 2) of Paragraph 1 of Article 291 of this code, in the form of payment (reimbursement) of expenses for meals within 2 times the monthly calculation index established by the law on the Republican budget and effective as of January 1 of the corresponding financial year for each day of the academic year, with the exception of the vacation period;

39) an individual studying full-time in an autonomous educational organization defined by subitem 2) of Item 1 of Article 291 of this code:

payment for medical insurance, including insurance premiums under voluntary insurance contracts in case of illness;

material profit received in the form of payment (reimbursement) of expenses for living in a hostel of an autonomous educational organization, defined in Paragraph 1 of Article 291 of this code;

39-1) the amount of remuneration received in accordance with the procedure provided for in paragraph 14 of Article 22 of this code;

40) the amount credited by the telecom operator to the subscriber's mobile balance at the expense of the telecom operator for performing non-cash transactions;

41) the amount of personal income tax calculated from the income of an individual resident in accordance with the provisions of this code and paid by the tax agent to the budget of the Republic of Kazakhstan at his own expense, without withholding it;

Note of the ZKAI! Subparagraph 42) is valid until 01.01.2027 by the law of the Republic of Kazakhstan dated 25.12.2017 No. 121 – VI.

42) termination of obligations on a loan (loan) acquired by an organization specializing in improving the quality of credit portfolios of second-tier banks, the sole shareholder of which is the Government of the Republic of Kazakhstan:

forgiveness of the principal debt;

income generated in the form of forgiveness for Remuneration, Commission, forfeit (Penalty, Penalty) ;

43) the cost of services received at the expense of budget funds in the form of state non-financial support for business entities in accordance with the state program in the field of development of the agro-industrial complex of the Republic of Kazakhstan, programs approved by the Government of the Republic of Kazakhstan, the operator of which is the National Chamber of entrepreneurs of the Republic of Kazakhstan;

44) dividends arising as a result of the purchase of securities or shares of a resident legal entity from a non-resident legal entity upon the fulfillment of the conditions established by paragraph 7-1 of Article 228 of this code;

45) targeted savings in the form of payments from the unified accumulative pension fund in accordance with the law of the Republic of Kazakhstan "on the rights of the child in the Republic of Kazakhstan", as well as directed to an individual pension account for accounting for voluntary pension contributions;

46) material profit from saving their value when purchasing goods, works, services at the expense of previously carried out purchases or the amount recorded in the account for the received works, services rendered;

51) write-off of the debtor's obligations to which the procedure for bankruptcy or restoration of solvency has been applied in accordance with the law of the Republic of Kazakhstan" on restoration of solvency and bankruptcy of citizens of the Republic of Kazakhstan".

Code of the Republic of Kazakhstan dated December 25, 2017 No. 120-VI.

This Code establishes the basic principles of taxation, regulates power relations on the procedure for establishing, introducing, changing, canceling, calculating and paying taxes and other mandatory payments to the budget, as well as relations related to the fulfillment of a tax obligation.

President

Republic of Kazakhstan

Tax disputes on the recognition of a notification as unfulfilled are accepted by the tax authority only in case of violation by the taxpayer of the form and deadlines for the execution of the notification.,

Tax disputes on the recognition of a notification as unfulfilled are accepted by the tax authority only in case of violation by the taxpayer of the form and deadlines for the...