Candidates for deputies reminded of the provisions of the Tax Code related to elections

Арестова Татьяна Economy
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According to the information from the press service of the State Tax Service, candidates for deputies must take into account the norms of tax legislation. In particular, it was noted that funds received by individuals from the electoral funds of political parties or candidates for performing the functions of trusted persons, observers, or for providing campaigning services, are not subject to taxation.

Additionally, the work of campaigners during the election period is not considered taxable activity based on a patent.

Furthermore, according to the Law "On State Social Insurance Tariffs," the rewards and income received by campaigners, observers, and trusted persons are exempt from paying insurance contributions for state social insurance.

In conclusion, the State Tax Service emphasized that it is necessary to consider the tax norms of the Kyrgyz Republic when taxing the mentioned incomes.
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