Kyrgyzstan: Tax developments in response to COVID-19

This page offers an overview of tax developments being reported globally by KPMG member firms in response to the Novel Coronavirus (COVID-19).

The content will be updated regularly. However, due to the fast-moving pace of change, it may not always reflect the most current developments in a given jurisdiction. Please refer to the date of accuracy and refer to the relevant links, under additional information, for original source information.

All businesses/legal entities

As part of the Plan for the provision of fiscal measures to support business, the Government of the Kyrgyz Republic decided:

• to provide deferrals and installments for the payment of the amounts of taxes and social contributions arising from the introduction of the state of emergency and state of emergency from March 25, 2020;
• do not apply tax sanctions and penalties for untimely fulfillment of tax obligations until July 1, 2020;
• recommend that local governments provide a deferral of payments for rent of municipal property for 3 months from April 1, 2020
• extend the terms for the widespread introduction of components of the electronic system of fiscalization of tax procedures until July 1, 2020;
• extend the deadline for submitting a single tax return for individuals and individual entrepreneurs until April 1, 2021;
• extend the deadlines for submission of reports by business entities on taxes and social contributions until July 1, 2020, subject to timely payment of payments;
• extend the moratorium on inspections by state regulatory authorities until January 1, 2022;
• introduce a restriction on field tax audits until January 1, 2021, with the exception of:
• scheduled inspections of business entities engaged in the production and turnover of excisable groups of goods;
• unscheduled inspections conducted in the event of reorganization, liquidation of organizations and termination of activity of an individual entrepreneur;
• unscheduled inspections and cross-checks carried out in case of receipt by the tax authorities of documented information indicating the facts of incorrect tax calculation by taxpayers after the completion of the emergency / emergency mode.
• recommend to the appropriate organizations within 3 months:
• not to cut off electricity, water, gas and other utilities, communications and Internet services, due to the presence of debts of subscribers;
• do not charge penalties, penalties for non-payment of utility bills (for electricity, water, gas, garbage collection, communication services, Internet, etc.)
• provide a deferral of payments for the rental of state property for 3 months, from April 1, 2020;
• introduce a temporary ban on conducting bankruptcy proceedings until January 1, 2021.