Who should submit declarations 250 and 270?

The Declaration of Assets and Liabilities (Form 250.00) will be submitted on January 1, 2025.:

1) citizens and residents of the Republic of Kazakhstan who own property abroad, including:

- real estate, vehicles, land;

- the share of participation in foreign companies

; - money in accounts with foreign banks, if their total amount exceeds 1000 MCI;

- investment gold; - the share of participation in housing construction; - securities, derivative financial instruments, the issuers of which are registered abroad;

- money in foreign brokerage accounts; - objects of intellectual property and copyright;

- accounts receivable/payable from other persons to an individual and (or) an individual's debt to other persons (with supporting documents attached);

- other property (optional) worth over 1000 MCI (if there is an estimated value).

2) candidates for elected and public office, as well as their spouses;

3) persons applying for the status of a major participant: banks, securities market and insurance organizations, as well as their spouses; 4) persons engaged in private practice (notaries, lawyers, private bailiffs, mediators);

5) citizens and residents of the Republic of Kazakhstan who own digital assets.

The declaration of income and property (form 270.00) is submitted by: 1) civil servants and persons equated to them, as well as their spouses; 2) major participants in banks, securities market and insurance organizations, as well as their spouses;

3) heads, founders (participants) of quasi-public sector entities, legal entities owning more than 10% of the share in the authorized capital (shares of joint-stock companies), as well as their spouses;

4) persons engaged in private practice (notaries, lawyers, private bailiffs, mediators);

5) persons who have received income subject to independent taxation (income from property rentals; remuneration from foreign bank accounts; income from operations with digital assets; other income for which tax was not withheld at the source of payment), with the exception of income from sole proprietors;

6) persons who have funds in accounts with foreign banks, if their total amount exceeds 1000 MCI;

7) persons with assets abroad (real estate, vehicles, securities, PFI, investment gold, shares in foreign companies; participation in housing construction,);

8) persons who own digital assets;

9) persons who, during the reporting tax period, acquired property with a total value exceeding 20,000 times the MCI, including outside the Republic of Kazakhstan.

Who doesn't need to submit declarations 250 and 270?

Declaration of 250.00:

individuals who do not have foreign assets; individuals who are not:

- candidates for elected and public office, as well as their spouses;

- persons applying for the status of a major participant: banks; securities market and insurance organizations, as well as their spouses;

- persons engaged in private practice (notaries, lawyers, private bailiffs, mediators); - citizens and residents of the Republic of Kazakhstan who own digital assets.

Declaration 270.00:

individuals who do not belong to the following categories of persons specified in Article 633 of the Tax Code:

1) civil servants and persons equated to them, as well as their spouses; 2) major participants in banks, securities market and insurance organizations, as well as their spouses;

3) heads, founders (participants) of quasi-public sector entities, legal entities owning more than 10% of the share in the authorized capital (shares of joint-stock companies), as well as their spouses;

4) persons engaged in private practice (notaries, lawyers, private bailiffs, mediators);

5) persons who have received income subject to independent taxation (income from property rentals; remuneration from foreign bank accounts; income from operations with digital assets; other income for which tax was not withheld at the source of payment), with the exception of income from sole proprietors

; 6) persons who have funds in accounts with foreign banks, if their total amount exceeds 1000 MCI;

7) persons with assets abroad (real estate, vehicles, securities, PFI, investment gold, shares in foreign companies; participation in housing construction,);

8) persons who own digital assets;

9) persons who, during the reporting tax period, acquired property with a total value exceeding 20,000 times the MCI, including outside the Republic of Kazakhstan.

Department of Explanatory Work and Contact Center State Duma of the Pavlodar region

Source : https://www.gov.kz/memleket/entities/kgd-pavlodar/press/news/details/1066241?lang=kk