On taxes and other obligatory payments to the budget (Tax Code)

Article 325. Income in the form of property received free of charge, including works, services

Income in the form of property, received free of charge, including works, services, is determined, with account of a relevant amount of VAT and excises, as:

the book value of the property;

the value of the property determined by a contract or another document on the basis of which the property is transferred to an individual, in case of no book value of such property.

Income in the form of work and (or) services, received free of charge is determined in the form of the cost of the work performed, the services rendered in the amount of the costs of the tax agent incurred in connection with the performance of work, the provision of services, taking into account the appropriate amount of value added tax.

An amenmend is provided in Article 326 by the Law of the Republic of Kazakhstan dated 10.12.2020 No. 382-VI (shall be enforced from 01.01.2021).



Article 326. Income in the form of pension payments

Income in the form of pension payments subject to taxation is payments made by the single accumulative pension fund and (or) voluntary funded pension funds:

1) from pension savings of taxpayers accumulated from:

mandatory pension contributions in accordance with the legislation of the Republic of Kazakhstan;

mandatory professional pension contributions in accordance with the legislation of the Republic of Kazakhstan;

voluntary pension contributions in accordance with the provisions of a contract on pension from voluntary pension contributions;

2) to individuals that are residents of the Republic of Kazakhstan who reached the retirement age and moved to a permanent place of residence outside the Republic of Kazakhstan in accordance with the Law of the Republic of Kazakhstan “On Pensions in the Republic of Kazakhstan”;

3) to individuals that are residents of the Republic of Kazakhstan who have not reached retirement age and who moved to a permanent place of residence outside the Republic of Kazakhstan in accordance with the Law of the Republic of Kazakhstan “On Pensions in the Republic of Kazakhstan”;

4) to individuals in the form of pension savings inherited in accordance with the procedure established by the legislation of the Republic of Kazakhstan;

5) individuals in the form of a one-time payment for the burial of the deceased person having pension savings in the manner prescribed by the legislation of the Republic of Kazakhstan.