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Excessive VAT and CIT expenses lead to tax inspections and control by the tax authorities

  • Some taxpayers use various methods to evade taxes, such as shifting expenses between categories or reflecting non-existent costs
  • The Committee of State Revenues reported cases of taxpayers improperly including VAT amounts in other documents without proper confirmation and overstating deductions for purchased works and services
  • Taxpayers are urged to comply with tax legislation and avoid unlawful actions to prevent tax control and audits
  • The Tax Code of Kazakhstan specifies a comprehensive list of documents required for VAT credits and deductions for CIT, including invoices, travel documents, import declarations, receipts, and cash register receipts.

Source: uchet.kz

Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.

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