Deferral of payment of taxes, fees and/or penalties means a change in the taxpayer’s payment deadline for taxes, fees and/or penalties by establishing, by the tax authority, a later deadline for a one-time payment in full of the amounts due, for a period not exceeding six months, except for a participant in horizontal monitoring, for whom the authorized body may grant a deferral for a period not exceeding twelve months.
Installment of payment of taxes, fees and/or penalties means a change in the taxpayer’s payment deadline for taxes, fees and/or penalties by establishing, by the tax authority, a phased payment schedule (monthly or quarterly) in equal installments of the amounts due, for a period not exceeding thirty-six months, except for a participant in horizontal monitoring, for whom the authorized body may grant an installment plan for a period not exceeding twelve months.
The procedure and conditions for granting a deferral (installment plan) shall be determined by the authorized body.
A deferral or installment plan for the payment of taxes and/or fees may be granted to a taxpayer whose financial position does not allow the taxpayer to pay the tax and/or fee within the prescribed period, provided that there are sufficient grounds to believe that the taxpayer will be able to make such payment within the period for which the deferral or installment plan is granted, where one of the following grounds exists:
the taxpayer has suffered damage as a result of force majeure circumstances (emergencies of a social, natural, technological or environmental nature, military operations, and other circumstances);
the production and/or sale of goods, works or services by the taxpayer is seasonal in nature;
the financial position of an individual who is not registered as an individual entrepreneur, excluding property that, in accordance with the legislation of the Republic of Kazakhstan, cannot be subject to recovery, precludes the possibility of making a one-time payment of the tax;
a court has issued a decision to apply a debt restructuring procedure;
the taxpayer’s principal type of activity belongs to an economic sector of strategic importance in accordance with the laws of the Republic of Kazakhstan.