Article 694. Submission of the declaration on individual income tax and social tax of the Tax Code of the Republic of Kazakhstan
The declaration on individual income tax and social tax is submitted by the tax agent to the tax authority at the place of tax payment quarterly no later than the 15th day of the second month following the quarter, which includes the reporting tax periods.
The Code of the Republic of Kazakhstan dated July 18, 2025 No. 214-VIII SAM.
President
Republic of Kazakhstan
© 2012. RSE na PHB "Institute of Legislation and Legal Information of the Republic of Kazakhstan" of the Ministry of Justice of the 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
__________________________
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 694. Reduction of taxable income of the Code on Taxes and Other Mandatory Payments to the Budget (Tax Code) of the Republic of Kazakhstan
1. A taxpayer has the right to reduce his taxable income by 2 times the amount of expenses incurred for the remuneration of persons with disabilities and by 50 percent of the amount of calculated social tax on wages and other payments to persons with disabilities.
2. A legal entity has the right to reduce its taxable income by the following types of income:
1) the value of property received in the form of humanitarian aid in the event of natural and man-made emergencies and used for its intended purpose;
2) income from the increase in value from the sale of shares issued by a legal entity or shares in a legal entity or consortium, unless otherwise specified in subparagraph 3) of this paragraph, provided that the following conditions are fulfilled at the same time:
as of the date of sale of shares or participation shares, the taxpayer has owned these shares or participation shares for more than three years;
A legal entity is an issuer or a legal entity in which a participation interest is being realized, or a consortium participant who implements a participation interest in such a consortium is not a subsurface user.;
the property of persons (persons) who are (are) subsurface users (subsurface users), in the value of assets of the issuing legal entity or the legal entity in which the share of participation is being sold, or the total value of assets of the participants of the consortium in which the share of participation is being sold, on the day of such sale is not more than 50 percent.
The term of ownership of shares or participation shares specified in this subparagraph by the taxpayer is determined collectively, taking into account the terms of ownership of shares or participation shares by the former owners, if such shares or participation shares were obtained by the taxpayer as a result of the reorganization of the former owners.
For the purposes of this subparagraph, a subsurface user who is such solely because of his possession of the right to extract groundwater is not recognized as a subsurface user.;
3) gains from value gains from the sale by open trading on a stock exchange operating in the territory of the Republic of Kazakhstan of securities listed on the official lists of this stock exchange on the day of sale, reduced by losses incurred from the sale by open trading on a stock exchange operating in the territory of the Republic of Kazakhstan of securities located on the day of sale in the official lists of this stock exchange.
3. A taxpayer applying a special tax regime using a fixed deduction has the right to reduce taxable income by 1-fold the amount of the employer's expenses accrued in the reporting tax period on the employee's income, which are deductible when determining taxable income in accordance with this paragraph.
The taxpayer has the right to make the reduction provided for in the first part of this paragraph, provided that the average monthly salary of such taxpayer's employees for the reporting tax period exceeds 47 times the monthly calculation index established by the law on the republican budget and effective on January 1 of the relevant financial year.
The footnote. Article 694 as amended by the Law of the Republic of Kazakhstan dated December 26, 2018 No. 203-VI (effective from 01.01.2019).
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
