In Kyrgyzstan, penalties and fines will be calculated automatically
A new law has been adopted in Kyrgyzstan, amending the provisions of the Tax Code. Now, the accrual of penalties and fines will be carried out automatically, without the involvement of tax inspectors. The amount of these accruals will depend on the statute of limitations for tax debts. Changes also concern the procedure for fulfilling tax obligations. All taxes must now be paid exclusively in a cashless manner, including the use of digital soms and a Unified Tax Account.