Article 54. Tax revenues analysis report Budget Code of the Republic of Kazakhstan

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1. Tax revenues shall be tax benefits provided to taxpayers in accordance with the tax legislation of the Republic of Kazakhstan.

2. The analytical report on tax revenues shall contain an assessment of the effectiveness of tax benefits and the feasibility of their further application.

3. The tax gap indicator shall be included in the analytical report on tax revenues.

The tax gap shall be the difference between the tax potential and the actual taxes received.

Tax potential - the possible amount of tax revenues and other mandatory payments to the budget, including tax expenditures and the unobserved economy.

The tax gap shall be calculated by the reporting fiscal year and shall be used to analyze tax policy, tax administration and the effectiveness of tax collection.

4. In order to form an analytical report annually, no later than June 1 of the current year, the central authorized body in the field of tax policy shall submit:

authorized state bodies - information on monitoring and control of tax revenues by supervised industries;

central authorized body for budget execution - information on the amount of tax benefits applied by taxpayers and their impact on budget revenues.

The tax gap shall be used in the analysis of the completeness of the collection of tax revenues and shall be one of the criteria for analyzing the impact of the industry on the development of the economy, carried out by the central authorized body in the field of tax policy.

The reduction (reduction) of the tax gap shall be one of the indicators of the performance of state revenue bodies and the authorized body in the field of tax policy.

5. Tax expense analysis report shall:

be formed annually during the development of the draft law on the republican budget for the next planning period by the central authorized body in the field of tax policy in the manner approved by the Government of the Republic of Kazakhstan, and be sent to the central authorized body for budget planning;

be taken into account in the formation of the main directions of tax and (or) budgetary policy, long-term and medium-term forecasting, budget planning for the next planning period;

be used as analytical information when considering draft regulatory legal acts introduced in accordance with paragraph 2 of Article 73 of this Code;

be included in the materials attached to the draft law on the republican budget;

be published in accordance with Article 40 of this Code.

Footnote. Article 54 shall enter into force dated 01.01.2027 in accordance with subparagraph 2) of paragraph 1 of Article 172 of this Code.

Code of the Republic of Kazakhstan dated March 15, 2025 № 171-VIII.

President

Republic of Kazakhstan

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