Kazakhstan tax: Order of the Chairman of the Tax Committee

An order of the Chairman of the Tax Committee of the Ministry of Finance of Kazakhstan, which became effective on 11 September 2009, provides for the initiation of targeted tax audits on various issues (the list of the potential entities for targeted audits is not publicly available).

In general, targeted audits in Kazakhstan are conducted according to a tax audit plan approved quarterly by the tax authorities, based on an examination of a taxpayer's tax reporting, information from the authorized state bodies and other documents and information on a taxpayer's activities.

Issues reviewed during the targeted tax audit could include, for example, tax obligations for certain types of taxes and (or) other obligatory payments to the budget, transfer pricing issues, etc. A targeted audit may be conducted at the same time with respect to several specific issues but does not cover all taxes, as this is done during a complex tax audit.