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Kazakhstan: Summary of corporate tax law amendments for 2018 returns

Kazakhstan: Corporate tax law amendments for 2018

Changes to the corporate tax law in Kazakhstan that need to be considered for returns filed for 2018 include measures concerning:


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  • Taxable income of controlled foreign companies or permanent establishments (that is, consolidated profits)
  • The date of recognition of sales proceeds
  • Write-off of liabilities when a creditor ceases to exist
  • Recognition of income from doubtful liabilities
  • Changes to categories of non-taxable income such as property a shareholder receives upon distribution of company property, a stock buy-back, or in liquidation
  • New deductions for certain types of expenses including those relating to a loss of goods or to damaged goods
  • Revisions to the rules for business travel eligible for deduction
  • Measures concerning the taxation of fixed assets and the tax treatment of financial organizations
  • Net operating loss (NOL) carryforward period of 10 years

Read an April 2019 report [PDF 1.28 MB] prepared by the KPMG member firm in Kazakhstan

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