📘 Updates on Corporate Income Tax (CIT)

The Tax Code has undergone major changes regarding CIT — here's a brief overview of the most important ones 👇

👥 Who pays CIT?
✔️ legal entities-residents of the RK
✔️ non-residents — through a PE or on income from sources in the RK
❗️state institutions do not pay, but state secondary schools are excluded from benefits → now pay CIT

📊 Differentiated CIT Rates
🔹 20% — general rate
🔹 25% — banks (except for business lending) and gambling business
🔹 3% — production and processing of own agricultural and aquaculture products
🔹 6% — agricultural cooperatives
🔹 social sphere (except for NGOs):
• 5% — in 2026
• 10% — from 2027

📂 New Structure of the CIT Section
— income separately
— deductions separately
— income not included in AGI separately
➡️ the rules have become clearer and more logical

🏗 Investment Tax Preferences
✔️ applied at the choice of the taxpayer
✔️ can be applied before or after asset recognition
✔️ software included
✔️ requirements for the "production purpose" of buildings removed
✔️ application allowed for leased assets
✔️ control period introduced

🧾 Fixed Assets
— depreciation rates preserved
— repair expenses:
🔹 immediately to deductions
🔹 or capitalization and depreciation (at choice)

💱 Indexation of Liabilities
Currency indexation is accounted for as income or expense,
but is not recognized as remuneration

🚫 Limitations on Deductions
❌ expenses from transactions with counterparties on the simplified tax regime cannot be deducted

♿ Organizations of Persons with Disabilities (from 2025)
Conditions:
✔️ ≥51% of employees — persons with disabilities
✔️ ≥51% of payroll — for them
CIT Benefits:
🔹 3–9 people — CIT reduction by 50%
🔹 10 or more — full exemption
VAT benefits are also provided

📑 Separate Accounting for Different CIT Rates
If different rates are applied —
✔️ mandatory separate accounting of income and expenses

💰 Advance Payments for CIT
🔹 AGI threshold increased:
• was — 325,000 MCI
• now — 600,000 MCI
➡️ fewer companies pay advances
🔹 for the 1st quarter, advance payments are calculated by the tax authority (1/12 of the previous year's CIT)

🧠 New Types of Income
— digital assets and mining
— increase in value
— liquidation funds
— long-term contracts
— financial instruments

💡 The changes to CIT are aimed at flexibility, digitalization, and reducing the administrative burden, but require more careful accounting.

Source : https://www.gov.kz/memleket/entities/kgd-zko/press/news/details/1154317?lang=kk