The Ministry of Taxes awarded Qartal Construction Company with the Certificate on the status of "Tax transparent partnership"
The Ministry of Taxes gave to very limited number of companies the status of “Tax transparent partnership” on the basis of the Order of the Republic of the President dated to 04th August 2016 on “ Approval of “Directions of reforms to applied in the field of taxation during 2016 and improvement of tax administration ” and Qartal Construction Company is one of the companies acquiring this status since 09.02.2017. This means that, the Ministry of Taxes analyzed and approved Qartal Construction Company as exemplary taxpayer and gave Green Corridor to Qartal Construction Company in relationships with tax authorities.
As per amendments to legislation only taxpayers who meeting the criteria indicated below are considered as taxpayers operating on the basis of tax transparent partnership:
paying taxes in full and on time;
submitting tax reports during a period specified in the Tax Code;
providing a correct declaration on the number of persons involved in the implementation of works in accordance with economic field where they operate and actual wages;
carrying out accounting in accordance with international or national standards;
having an enhanced electronic signature and preferring to carry out correspondence in electronic form;
not accepting and submitting (not engaging in commodity-less transactions) false documentation (including strict reporting documents);
not being a subject to criminal prosecution for an economic crime over the last 3 years
For keeping the status of Tax transparent partnership Qartal Construction Company will continue its policy to follow the rules and legislation and transparent tax paying policy in future.