Answer:

Currently, this issue is not reflected in the current Tax Code and causes different interpretations, including according to the results of tax control, such amounts are recognized as remuneration.

The new Tax Code provides for separate rules on this issue.

Thus, an adjustment (indexation) of the amount of a loan (loan, micro-loan) payable (received) in tenge due to a change in the exchange rate is not recognized as remuneration. This is established in the very concept of "remuneration".

In tax accounting, such indexation of liabilities (claims) is accounted for in accordance with IFRS and accounting requirements.

(unofficial translation)

Source : https://www.gov.kz/memleket/entities/kgd-mangistau/press/news/details/1070563?lang=kk