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

Article 132. Procedure for monitoring large taxpayers

1. In the course of large taxpayers’ monitoring, the authorized body is entitled to require the taxpayers subject to the monitoring of large taxpayers to provide documents and written explanations confirming correct calculation of taxes and timely payment (withholding and transfer) of taxes and payments to the budget, as well as financial statements of the taxpayer (tax agent), including those of its subsidiaries.

In this case, this requirement must be fulfilled by taxpayers subject to the monitoring of large taxpayers within thirty calendar days from the day following the delivery of the request.

2. In the event of detected violations and discrepancies in the findings of monitoring of large taxpayers, the authorized body shall notify the taxpayer subject to monitoring of large taxpayers about them.

In this case, a taxpayer subject to the monitoring of large taxpayers is required to provide a written explanation within fifteen calendar days from the day following the delivery (receipt) of such a notice.

In case of disagreement with the presented explanation, the authorized body has the right to invite such a taxpayer subject to the monitoring of large taxpayers for discussing issues that arose and for providing additional documents and explanations.

Based on the results of the monitoring, the authorized body shall issue a written reasoned decision, which is sent within two business days from its issuance to the taxpayer subject to the monitoring of large taxpayers.

The taxpayer subject to the monitoring of large taxpayers notifies of its agreement with the decision within five calendar days from its receipt.

Footnote. Article 132 as amended by the Law of the Republic of Kazakhstan dated 10.12.2020 No. 382-VI (effective from 01.01.2021).