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SECTION NEWS
06/04/16 12:07  MPs adopt Budget Code

Tax Code of KR to be amended to optimize tax debts repayment to State

15/02/14 10:40, Bishkek – 24.kg news agency, by Aizada KUTUEVA

The Tax Code of the Kyrgyz Republic to be amended to optimize tax debts repayment to the state. The author of the amendments is Igor Gusarov.

According to him, repayment of tax debts concerning each tax is carried out under the law in the following order: tax amount, interest on the sum of overdue tax, fine, tax penalty.  

"Tax debts repayment is carried out in the order of its occurrence. In the case of debt, the fine on the sum of overdue tax will be accrued, after repayment of the tax capital sum - the fine remains charge of the taxpayer. Besides, he won't be able to repay capital sum in the next accounting period until he will pay "repayment in the order of its occurrence," i.e. fine on the previous accounting period. So the fine will be able to reach the sum, exceeding the tax many times. It is suggested to exclude from the Code the norm on carrying out the repayment in the order of its occurrence," the document states.    


URL: http://eng.24.kg/politic/168845-news24.html
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Exchange rate from 4 February
National Bank of Kyrgyz Republic
USD 69.4463
EUR 74.6131
RUB 1.1708
KZT 0.2156
UZS 0.0212
Weighted average exchange rate of som on February 3
USD 69.4300


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05.02.2017
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Jalal-Abad
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Osh
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Batken
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Naryn
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Cholpon-Ata
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GLANCE
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«When we ran in the elections, we said that would even get the moon and the sun from the sky ».
MP Kamchybek Joldoshbayev at a meeting of Parliament, February 2, 2017.

«What have you done besides sale of donkeys to China?».
Deputy Ryskeldi Mombekov to the head of State Inspectorate for Veterinary and Phytosanitary Safety Kalysbek Zhumakanov at a meeting of Parliament, February 1, 2017.
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