- New Tax Code signed by the Head of State will be effective from January 1, 2026
- Advance VAT payment through the E-Tamga system is introduced
- Ministry of National Economy explained the system helps track goods origin and detect fictitious operations
- 9000 taxpayers with fictitious invoices identified, totaling 8 trillion tenge
- Automated control through E-Tamga aims to prevent fictitious invoicing
- Invoices can only be issued if there are confirmed legal expenses
- System calculates current VAT balance in real-time
- Automated control targets risky taxpayers
- Control period discussed, possibly one year with balance replenishment
- Detailed control procedures and taxpayer categories to be approved by the Ministry of Finance
- Taxpayers can increase balance by transferring money to the treasury account
- Unused balance can be refunded or carried over to the next period
- Used balance is directed to the treasury as VAT payment
Source: uchet.kz
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
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