1. Types of
taxes and
Jurisdiction
that use
them
Madina Zimanova ID#20070567
Zhazira Aralbayeva ID#20073699
Khamzina Nazym ID# 20062166
2. Contents
• What is TAX? Its 5 purposes
– The process of development of
new 2009 Tax Code
– Jurisdiction
– Basic Terminology
– 9 types of Taxes and their
classification
• Conclusion
l
3. What is ?
- necessary payment to the
budget ratified by the
g y
state through legislation
in a one-sided process
one sided
and with some cases
exceptions with
irrevocable and non-
refundable f d
f d bl findings
4. Purposes
Supporting Gov-t operations
pp g p
Functioning as Gov-t
g
Managing macroeconomic
g g
performance of economy
Redistributing resources
Modifying patterns of
consumption or employment
within an economy
5. Process of
development of new
Tax Co
ax Code
On Taxes from Enterprises, Associations and
1991
Organizations
On Taxes and Other Obligatory Payments to
g y y
1995
the Budget
2002 2002 Tax Code
2009 Tax Code
1 Jan
9. Basic Terminology
• On the basis of a • Taxable Item
Taxpayer's
T ' and (or) Item
liability the taxpayer Related to
is
i registered b the tax
i d by h Taxation are
authority and pays assets and actions,
taxes.
taxes as the base for the
arising of a
taxpayer’s tax
t ’ t
liability.
10. Basic Terminology
Tax agent
Taxpayer's (tax agent) official account
Electronic taxpayer
electronic document of the
taxpayer
electronic digital signature of the
g g
taxpayer
*All procedures established by the Tax Code
11. Basic Terminology
Other
obligatory
bli t
Payments are
not taxes
They are payments for
immediate services
for using environment
or resources
12. Types of taxation:
Types of
Definitions
Taxation
imposes the same relative burden on all
Proportional taxpayers—i.e., where tax liability and
income grow in equal proportion
i i l i
is characterized by a less than p p
y proportional rise
Regressive in the tax liability relative to the increase in
income
is characterized by a more than proportional rise
Progressive in the tax liability relative to the increase in
income
13. Classes of taxes:
Classes of Taxes Definitions of Tax Types
Transaction (event)
Is imposed when event occurs or a transaction takes place
based
Activity based Is imposed on the cumulative result of an ongoing activity
Based th t
B d on the taxpayer’s ability to pay as measured by income,
’ bilit t db i
Direct
consumption, or net wealth
are levied on the production or consumption of goods and services
Indirect
I di
or on transactions
State Taxes that are considered as a main income source of the state
Taxes that are considered as a main income source of the local
Local government.
government
14. State taxes
State
Excise Social
CIT PIT VAT
duty tax
15. Local taxes
Local
Transport Gambling
Land Property
vehicles business
16. Types of taxes:
Taxes Tax Rates
2009 – 20%
Corporate income tax 2010 – 17.5%
0 0 7.5%
2011 – 15%
VAT 12%
%
Individual income tax 10%
Rent tax 3-33%
the amount of tax depends on the cost
Property tax (individuals) of property. The minimal rate is 0.05%
p p y
of the cost.
0,1 – 1,5% of the average annual value
, , g
Property tax (legal entities)
P (l l ii ) of the property
17. Types of taxes:
Taxes Tax Rates
depends on the area of a land plot, its
Land tax (to be paid by individuals quality and purpose
and legal entities)
Rates are established in percentage to
the cost of goods or in a fixed sum per
Excise tax unit of measurement
From 2 to 117 MCR depending on
Vehicle tax (cars) engine capacity and type of a vehicle
11%
Social Tax
18. Differences
Social
Social Tax
Contributions
Rate 11% 4%
Payments to the budget of Payments to State
Payments:
government Regulated F d
R l d Fund
Secure your future in
Allocation of this fund for
Purpose: case of subjectivity
social needs.
to risk factors
19. Summary
• Taxation in Kazakhstan before becoming as it is
in modern life, went through historical
development
• Republic of Kazakhstan’s Tax Code is a new tax
legislation came into effect in January 1, 2009
• The varieties of taxes are very wide, and the
• purpose of introduction new Tax Code was to
– decrease rates of taxes for supporting and attracting
businesses operating in RK, and to
– simplify tax administration.
administration
20. Conclusion
• For Kazakhstan Government to be a
Government it is very crucial to
establish effective tax system
