Tax legislation of the Republic of Kazakhstan provides for application of special provisions under the international treaties, including the procedure of payment of the income tax from the revenues of non-residents from the sources in the Republic of Kazakhstan through provisional bank deposit.

It is necessary to mention that such procedure applies to non-residents:

• carrying out their activities in the Republic of Kazakhstan without establishment of the permanent entity;
• with the country of residence of which there is concluded international treaty (Convention or Agreement) between the Government of the Republic of Kazakhstan and the Government of such country on double taxation avoidance and prevention of tax evasion in relation of income tax and capital tax.

Such procedure of income tax payment through provisional bank deposit shall not apply to non-residents, with the country of residence of which there is no such international treaty concluded.

Besides it is necessary to mention that such procedure covers only payment of income tax. It shall not apply to any other taxes, such as VAT, social tax and other taxes.

What is the point of income tax payment through provisional bank deposit?...