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Regarding issues of withholding individual income tax

In accordance with Article 35 of the Constitution of the Republic of Kazakhstan, the payment of legally established taxes, fees, and other obligatory payments is a duty and obligation of everyone.

Kazakhstan, guided by international practice on taxation of pension payments, in order to avoid double taxation, provided for the payment of taxes to be made only from pension payments from SNPF due to pension savings.

Thus, in accordance with subparagraph 1) of paragraph 3 of Article 353 of the Code of the Republic of Kazakhstan "On taxes and other obligatory payments to the budget" (hereinafter referred to as the Tax Code), pension payments from SNPF refer to income subject to individual income tax at the source of payment.

At the same time, according to subparagraph 1,) of paragraph 3 of Article 484 of the Tax Code, obligatory pension contributions to the SNPF are excluded from the object of taxation.

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