Tax amnesty: tax penalties will be canceled, if the principal debt will be repaid

The law providing for a tax amnesty for small and medium-sized businesses entered into force on January 1, 2019.

The rules of tax amnesty are established by the Law of the Republic of Kazakhstan “On Amendments and Additions to Certain Legislative Acts of the Republic of Kazakhstan on the Administrative-Territorial Structure of the Republic of Kazakhstan and Counteracting the Shadow Economy”, signed by the Nazarbayev N. оn December 28, 2018 No. 210-VI, which makes additions to the Law of the Republic of Kazakhstan “On the introduction of the Code of the Republic of Kazakhstan” On taxes and other obligatory payments to the budget “(Tax Code).