IBC Tax Committee meeting
The IBC Committee on Taxes, Customs and the Social Fund discussed the tightening of requirements for reporting on VAT invoices by the tax authorities. The Tax Code of the Kyrgyz Republic provides identical deadlines for reporting and payment of main taxes, but the State Revenue Service treats these terms in different ways. The Committee members also discussed the possibility of including the Sunel Tobacco JSC in the list of taxable entities entitled to compensation and a simplified procedure for
The IBC Committee on Taxes, Customs and the Social Fund discussed the tightening of requirements for reporting on VAT invoices by the tax authorities. The Tax Code of the Kyrgyz Republic provides identical deadlines for reporting and payment of main taxes, but the State Revenue Service treats these terms in different ways. The Committee members also discussed the possibility of including the Sunel Tobacco JSC in the list of taxable entities entitled to compensation and a simplified procedure for VAT refund.
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