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Article 423. Specifics of the declaration of assets and liabilities of the Tax Code of the Republic of Kazakhstan
1. The declaration of assets and liabilities is intended to reflect information on the availability of natural persons specified in paragraph 2 of Article 422 of this Code.:
1) property for which rights and (or) transactions are subject to state or other registration with the competent authority of a foreign state in accordance with the legislation of a foreign state:
immovable property, land plots and (or) land shares, air and sea vessels, inland waterway vessels, river-sea navigation vessels;
vehicles, special equipment and (or) trailers;
money in bank accounts with foreign banks located outside the Republic of Kazakhstan in an amount cumulatively exceeding 1,000 times the monthly settlement index for all bank deposits;
2) property and obligations in the Republic of Kazakhstan and (or) abroad:
share in real estate construction;
the share of participation in the authorized capital of a legal entity established outside the Republic of Kazakhstan;
securities, derivative financial instruments (with the exception of derivative financial instruments, the execution of which occurs through the acquisition or sale of the underlying asset);
digital assets;
investment gold;
objects of intellectual property and copyright;
cash, which is indicated in an amount not exceeding the limit of 10,000 times the monthly calculation index;
debts of other persons to an individual (accounts receivable) and (or) debts of an individual to other persons (accounts payable) specified in paragraph 2 of this Article;
money in foreign brokerage accounts;
3) other property specified in paragraph 3 of this Article.
2. The declaration of assets and liabilities reflects accounts receivable from other persons to an individual and (or) accounts payable from an individual to other persons formed on the date of such declaration.:
1) between individuals – in the presence of a notarized contract (transaction, agreement), which is the basis for an obligation or claim concluded with an individual.
The debt specified in this subparagraph must be notarized no later than the deadline for submitting the declaration established by Article 424 of this Code.;
2) between an individual and a legal entity and (or) an individual entrepreneur, including a non–resident, if there is a reconciliation report and a civil law agreement, with the exception of debt owed to banking organizations and microfinance organizations established in accordance with the legislation of the Republic of Kazakhstan.;
3) confirmed by a court decision that has entered into legal force.
The documents specified in this paragraph are subject to mandatory attachment when submitting a declaration of assets and liabilities.
The debt, which is not confirmed by the attached documents, is considered to be zero.
At the same time, the declaration of assets and liabilities does not reflect accounts receivable and/or accounts payable in the presence of an agreement concluded using a borrowed crowdfunding platform of an AIFC participant operating on the basis of an issued license.
3. In the declaration of assets and liabilities, an individual has the right to indicate other property worth more than 1,000 times the monthly calculation index effective on December 31 of the reporting tax period, if the value is determined in the assessment report conducted under an agreement between the appraiser and the taxpayer in accordance with the legislation of the Republic of Kazakhstan on valuation activities or the legislation of a foreign state. states.
In this case, the estimated value is determined no later than the deadline for submitting the declaration established by Article 424 of this Code.
The provision of the first part of this subparagraph does not apply to property subject to state or other registration, as well as property for which rights and (or) transactions are subject to state or other registration.
4. Persons who, in accordance with the Law of the Republic of Kazakhstan "On Combating Corruption" are required to submit declarations of individuals, also include information on the transfer of property to trust management and trusts in appendices to the declaration of assets and liabilities.
5. Appendices to the declaration of assets and liabilities are intended to provide detailed information on the information specified in paragraph 1 of this article used by tax authorities for tax control purposes.
The Code of the Republic of Kazakhstan dated July 18, 2025 No. 214-VIII SAM.
President
Republic of Kazakhstan
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From January 1, 2026, to invalidate the Code of the Republic of Kazakhstan dated December 25, 2017 "On Taxes and Other Mandatory payments to the Budget" (Tax Code) in connection with the entry into force of the Tax Code dated July 18, 2025 No. 214-VIII SAM.
Article 423. Tax period of the Code on Taxes and Other Mandatory Payments to the Budget (Tax Code) of the Republic of Kazakhstan
The tax period for value added tax is a calendar quarter.
On taxes and other mandatory payments to the budget (Tax Code) On Customs Regulation On Subsoil and Subsurface Use Administrative Procedural and Procedural On the Health of the People and the Healthcare System Ecological Social Commentary Article Civil Procedural Civil Code of Criminal Procedure Criminal Regulatory Decision of the Supreme Court
