EXECUTION OF THE PLAN FOR THE FIRST 5 MONTHS OF 2026

Desk audit (in-house tax control) is one of the key forms of remote tax administration, conducted by state revenue authorities without visiting the taxpayer's premises. The primary objective of this control is to provide taxpayers with the opportunity to independently rectify identified non-compliances , accurately calculate taxes, and avoid administrative liability. Procedure for Conducting a Desk Audit Automated Data Reconciliation: Control is exercised by analyzing tax returns, electronic invoices (E-Invoices), as well as data received from the information systems of other government agencies. Audit Period: The audit is conducted for past tax periods after the taxpayer has submitted the respective tax reporting. Statute of Limitations: The procedure is carried out strictly within the statute of limitations established by law for the corresponding period. Taxpayer Actions Upon Receipt of a Notification If discrepancies are identified during the automated analysis, a Notification on Rectification of Violations is issued to the taxpayer. The legislation provides two options for execution: In Case of Agreement with the Identified Discrepancies: The taxpayer submits an additional tax return with corrections, pays the due taxes and accrued interest (penalties), after which the data is reflected in the system. In Case of Disagreement with the Identified Discrepancies: The taxpayer submits a reasoned explanation to the state revenue authority. Documents confirming the validity of their position and the declared indicators must be attached to the explanation. Note: State revenue authorities are not entitled to demand documents that are not directly relevant to the discrepancies identified in the notification. Cases Where an Explanation Is Not Accepted A taxpayer's explanation is not recognized as execution of the notification if the violations are related to: Transactions that have been legally declared invalid by a court. Operations where works were not actually performed, services were not rendered, or goods were not supplied (sham or fictitious transactions). Consequences of Non-Execution of the Notification Within the Prescribed Deadline Disregarding a desk audit notification entails the application of enforcement measures by the state: Account Restrictions: Suspension of debit operations on the taxpayer's bank accounts. Resource Blocking: Restriction of access to internet resources (applicable to foreign companies). Suspension of E-Invoice Issuance: Suspension of the ability to issue electronic invoices, which effectively makes further commercial activity impossible.

On measures to ensure financial stability Republic of Kazakhstan Decree of the President of the Republic of Kazakhstan No. 830 dated March 14, 2022. Prohibit export from the Republic of Kazakhstan: 1) foreign currency in cash and (or) monetary instruments in foreign currency in an amount exceeding the equivalent of 10,000 (ten thousand) US dollars and calculated at the exchange rate of the National Bank of the Republic of Kazakhstan established on the date of export; 2) gold bars of refined gold of 5, 10, 20, 50 and 100 grams, issued by the National Bank of the Republic of Kazakhstan, as well as refined gold over 100 grams. 1-1. To establish that the requirements of paragraph 1 of this Decree do not apply to: 1) operations of the National Bank of the Republic of Kazakhstan, as well as operations of organizations within the structure of the National Bank of the Republic of Kazakhstan; 2) export of refined gold obtained after processing of foreign raw materials imported into the territory of the Republic of Kazakhstan from the territory of a state that is not a member of the Eurasian Economic Union and declared under the customs procedure of "re-export" on the basis of a document on processing conditions and an act of state control; 3) export of refined gold obtained after processing of toll-free raw materials of a state that is a member of the Eurasian Economic Union, followed by export of refined gold to the territory of the same member state of the Eurasian Economic Union (based on the conclusion on the conditions of processing); 4) the export by second-tier banks of non-cash and (or) foreign currency unsuitable for circulation, carried out on the basis of a corresponding agreement with a foreign bank; 4-1) export by second-tier banks of the cash national currency of the member states of the Eurasian Economic Union, not specified in subparagraph 4) of this paragraph; 5) other cases determined by separate acts of the Government of the Republic of Kazakhstan.