Key changes
1. Automatic data exchange
Information is transferred automatically through the integration of the Smart Data Finance system of the State Revenue Committee (SRC) with the ‘e-Statistics’ system of the Bureau of National Statistics via the ‘digital government’ gateway 2.0.
2. Expanded list of information transferred
The list includes 45 categories of information, including:
- headcount, taxes paid, social payments, individual income tax (IIT) and mandatory pension contributions (MPC);
- income and expenses of individual entrepreneurs and legal entities, balance sheet data;
- exports and imports within the EAEU, foreign trade, transit declarations;
- data from electronic invoices (ESF), accompanying waybills for goods (SNT) and cash register (KKM) receipts;
- environmental payments and fees for the use of natural resources;
- tax reporting under Forms 200.00-200.06, 641.00, 910.00, 920.00 and others;
- information on digital mining, online marketplaces, e-commerce and internet platforms;
- information on self-employed persons, unreliable (including inactive) taxpayers and bankrupts.
3. Confidentiality
Access to the information received is granted only to officials of the Bureau of National Statistics included in the established list.
The information may be used only for its intended purpose, and its transfer to third parties is prohibited. Unlawful disclosure of the information entails liability in accordance with the legislation of the Republic of Kazakhstan, including administrative, criminal and disciplinary liability depending on the nature and gravity of the offence committed. The SRC ensures the accuracy of the information transferred.
What this means for businesses
The Rules govern the exchange of data between state bodies. They do not introduce new reporting obligations for taxpayers and do not abolish the existing requirements for submitting statistical reporting. The Bureau will receive information from reports already submitted by companies and from the information systems of the State Revenue Committee (SRC).
In practice, the expanded data exchange will enable the statistical authorities to compare tax administration data with statistical reporting data more effectively, making it easier to identify errors and discrepancies between tax and statistical reports..
At the same time, the existing requirements for the accuracy of tax and statistical reporting and the liability provided for by law for their violation remain in place. Companies are advised to check the correctness of the information they submit in a timely manner and to correct any errors identified in the manner prescribed by law.
Recommendations:
- check the correctness of data on employees, income, taxes and social payments in tax reporting;
- reconcile the indicators of tax and statistical reporting;
- where necessary, update internal control procedures for tax and other confidential data.
Discrepancies between tax and statistical reporting are now easier to spot, which means they are also easier to avoid. If you would like to understand how the new rules on data exchange between the SRC and the Bureau of National Statistics affect your company, contact the REVERA experts. We will explain the changes in legislation and answer your questions.