Starting January 1, 2027, a binding procedure for the refund of VAT excesses applies to residents of Alatau City. The regulations were established by joint orders from the Alatau City Authority and the Ministry of Finance of the Republic of Kazakhstan dated August 31, 2026. The process involves a rapid tax authority review and strict deadlines for fund transfers.
Key facts
- Scope: Binding rules for Alatau City residents starting in 2027.
- Legal Basis: Joint Orders No. 26 (Alatau City Authority) and No. 591 (Ministry of Finance) dated August 31, 2026.
- Payment Deadline: Transfer to the resident's bank account within 7 working days after application submission.
- Review Deadline: Tax authority generates a report on debts or balance within 1 working day.
- Debt Offset: If debts exist, the refund amount is first applied to settle them.