Kazakh President accepted Kazakh Minister of Finance
In his report Kazakh Minister of Finance informed of the preparation for disposal of managing offices of the indirect taxes from the Kazakh Customs Committee to the Tax Committee. B. Zhamishev mentioned functions of indirect taxes' (VAT and excise taxes) collection when importing goods from Russia and Belarus were transferred to the tax authorities as of July 2010. In this connection in 2011 two thirds of indirect taxes sum are administrated by the tax authorities and the remaining part is collected by the customs service.
Currently, reporting and payment of the principal indirect taxes is carried out by tax authorities after the reporting period, while payment of the customs declaration is made before the release of imported goods in circulation. To solve all these problems Kazakh Ministry of Finance has begun to transfer administration of the indirect taxes to the tax authorities.
B.Zhamishev also reported on implementation of the presidential instruction given in Nursultan Nazarbayev's Address about the need for development of e-government and transfer of all social services into the electronic format.
Besides, Kazakh Minister of Finance reported on reforms of the bankrupt system, budget planning and implementation during the meeting.
Kazakh Ministry of Finance jointly with the World Bank within the framework of a joint economic research is working to improve budgeting, making it more results-oriented, changing the approaches to the formation of the budgetary programs. It is envisaged that the budget program will include both current expenses and development costs for individual budget routines.
President of Kazakhstan emphasized the need of tax and customs administration further improvement and development of the Kazakhstan's financial sector.
Following the meeting, Nursultan Nazarbayev gave a number of specific assignments and set new tasks for the Ministry of Finance.
