Tax Code.

A tax is understood as a mandatory, individually gratuitous monetary payment collected from a taxpayer in accordance with the national tax legislation. In the Kyrgyz Republic, national taxes and local taxes are established. The object of taxation is the rights and/or actions, the presence of which gives rise to a tax liability. The tax legislation is based on the principles of: (a) legality of taxation; (b) mandatory taxation; (c) unity of the tax system; (d) transparency of tax legislation; (e) fairness of taxation; (f) presumption of good faith of the taxpayer; (g) presumption of legality; (h) certainty of taxation; and (i) effectiveness of tax benefits. The norms of tax legislation cannot contradict the principles established by this Code. The right to establish taxes belongs to the Parliament. Local taxes, within the limits of the powers granted to the local self-government by this Code, are put into effect by regulatory legal acts of local self-government. No one may be obligated to pay a tax that is not provided for by this Code, or a contribution or payment that has the characteristics of a tax established by this Code, or that is established or put into effect in a manner other than that determined by this Code. Everyone is obliged to pay taxes in the manner and cases provided for by this Code. Taxes cannot be discriminatory and applied based on gender, social, racial, national or religious criteria. Individual entrepreneurs and peasant or farming households, among others, are required to prepare and submit a single tax return. The supply by an agricultural producer, an agricultural cooperative of agricultural products of its own production, as well as products of their processing, is a supply exempt from VAT. The supply of agricultural products and products of processing by an agricultural cooperative, received from agricultural producers who are members of the cooperative, is a supply exempt from VAT. The supply of insurance, co-insurance and reinsurance services is a supply exempt from VAT. The services of a broker or agent connected with the provision of these services are a supply exempt from VAT. This Law contains XIV Sections divided into 464 Articles. Section I lays down general provisions. Section II classifies participants in tax relations. Section III regards tax liability and tax debt. Section IV regards tax control. Section V regards tax offense and liability for its commitment. Section VI establishes the procedure for appealing the decision of the tax service authorities, actions and/or inactions of their officials. Section VII regards income tax. Section VIII regards tax on profit. Section IX regards VAT tax. Section X regards excise tax. Section XI regards subsoil tax. Section XII regards sales tax. Section XIII regards property tax. Section XIV establishes special tax regimes.