Tax revenues to the budget increased by one trillion tenge, and the effectiveness of customs inspections increased by 6 times. This is the result of the integration of the tax and customs systems, experts say. Combining these databases has helped to reduce the VAT refund deadlines. In addition, payment of duties and taxes are now can be confirmed through the e-government portal. Previously, this process took about 3 days, now it is done in seconds.

 

Daulet ERGOZHIN, CHAIRMAN OF STATE REVENUE COMMITTEE, KAZAKH MINISTRY OF FINANCE:

 

Our goal is to set an effective system with minimal intervention to the business environment and to ensure the transparency of the procedures that will lay a good start to introduction of general declaration. We are working with our colleagues abroad for the implementation of these initiatives. As a result amendments are made to the legislation in accordance with international best practices. This amendment in the law on payments and payment systems relates both individuals and legal entities, who receive funding from foreign sources, and have a responsibility for the provision of reports to the state income bodies.

 

Photo: mgorod.kz

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