Kyrgyzstan tax authorities to gain real-time access to debtors' bank accounts

Kyrgyzstan's parliament has approved a bill allowing tax authorities real-time access to debtors' bank account information. Banks and payment systems will be required to provide data on all operations for relevant accounts after a tax payment demand is issued. This measure aims to track funds and prevent tax evasion. Stricter penalties for using invalid invoices and unproven expenses are also proposed.

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