The "Salyk Kyzut" System Enhances Transparency in Tax Administration

Владислав Вислоцкий Society / Exclusive
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The 'Salyk Kyzut' system increases the transparency of tax administration




The 'Salyk Kyzut' system ensures a higher degree of transparency in the tax administration process. As reported by Kubanychbek Ysabekov, Deputy Chairman of the State Tax Service of the Kyrgyz Republic, the new approach aims to integrate various modules that previously operated independently into a single system. This statement was made in an interview on Birinchi Radio.

The Deputy Chairman noted that the tax service already operates 'Salyk Kyzut', which has integrated approximately 40 different modules. These include data on invoices, cash registers, goods from third countries, and supplies from the countries of the Eurasian Economic Union.

“Previously, inspectors had to work with each module separately and conduct analysis independently. Now, all necessary information about the company is available in one place,” he explained.

Furthermore, Ysabekov added that in the case of hidden violations being detected, the entrepreneur will have to not only pay the tax itself but also pay a 100% fine on the amount of the additional charge, as well as interest for the entire period. As a result, the total amount of payments can significantly exceed the initial amount by two to three times.

In this regard, he urged entrepreneurs to engage in transparent activities and strictly comply with legislative requirements.
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