On Further Improving the Tax Policy of the Republic of Uzbekistan

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16.12.2021

01.10.2019

26.09.2019

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OKMOZ:
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07.00.00.00 Legislation on Finance and Credit. Banking Activity / 07.10.03.00 (Lost force) Value Added Tax / 07.10.03.03 (Lost force) Value Added Tax Rates / 07.90.00.00 (Lost force) General State Taxes]
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Finance / Budget. Extrabudgetary Funds]
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President of the Republic of Uzbekistan
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Decree
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On Further Improving the Tax Policy of the Republic of Uzbekistan Send suggestions for the document Listen to audio Get reference from document element Send suggestions for the document Listen to audio Get reference from document element Within the framework of the Concept for Improving the Tax Policy of the Republic of Uzbekistan, measures have been taken to reduce the tax burden and reduce imbalances in taxing business entities. Send suggestions for the document Listen to audio Get reference from document element To ensure the stability of the consumer market, create conditions to increase the competitiveness of local manufacturers, and form a continuous "chain" of value-added tax:
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07.00.00.00 Legislation on Finance and Credit. Banking Activity / 07.09.00.00 Tax Legislation / 07.09.03.00 Taxes and Fees]
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1. Starting from October 1, 2019, the value-added tax rate shall be reduced from 20 percent to 15 percent.
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OKMOZ:
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07.00.00.00 Legislation on Finance and Credit. Banking Activity / 07.09.00.00 Tax Legislation / 07.09.02.00 Management in the Tax Sphere]
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2. The current procedure for suspending operations on taxpayers' accounts in commercial banks by state tax service bodies shall be abolished.
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The Ministry of Finance of the Republic of Uzbekistan, together with the State Tax Committee, taking into account the advanced experience of foreign countries, shall provide for the establishment of a procedure for suspending operations on taxpayers' accounts in commercial banks by state tax bodies for a period not exceeding 30 days, based on "risk-analysis" results and preventive measures. [ OKMOZ:
1.
07.00.00.00 Legislation on Finance and Credit. Banking Activity / 07.09.00.00 Tax Legislation / 07.09.02.00 Management in the Tax Sphere]
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3. The Cabinet of Ministers of the Republic of Uzbekistan shall provide for the following in the preparation of the draft State Budget of the Republic of Uzbekistan for 2020:
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Get reference from document element reduction of the unified social payment rate from 25 percent to 12 percent for state-owned enterprises, legal entities with a state share of 50 percent or more in the authorized fund (authorized capital), as well as legal entities owned by legal entities with a state share of 50 percent or more in the authorized fund (authorized capital) of 50 percent or more, and their structural subdivisions; Send suggestions for the document Listen to audio Get reference from document element setting the corporate profit tax rate at 15 percent, while maintaining the tax rate on income paid in the form of dividends; Send suggestions for the document Listen to audio Get reference from document element abolition of the simplified procedure for calculating and paying value-added tax. [ OKMOZ:
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07.00.00.00 Legislation on Finance and Credit. Banking Activity / 07.09.00.00 Tax Legislation / 07.09.02.00 Management in the Tax Sphere]
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4. It is established that starting from October 1, 2019, the amount of the unified tax previously paid to the Extrabudgetary Pension Fund under the Ministry of Finance of the Republic of Uzbekistan shall be transferred to the budget of the Karakalpakstan Republic, regional and Tashkent city local budgets.
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5. The State Tax Committee of the Republic of Uzbekistan, the State Customs Committee, the Ministry of Finance, the Council of Ministers of the Karakalpakstan Republic, regional and Tashkent city Khokimiyats, together with the Uzbek National Television and Radio Company and other interested ministries and departments, shall organize the dissemination of the content and essence of this Decree, including wide explanation through mass media and the Internet network.
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21.00.00.00 Comprehensive documents on amendments and additions / 21.02.00.00 Decrees and Resolutions of the President of the Republic of Uzbekistan]
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6. Starting from October 1, 2019, amendments and additions shall be made to certain documents of the President of the Republic of Uzbekistan in accordance with the Appendix.
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7. Control over the execution of this Decree shall be entrusted to the Deputy Prime Minister of the Republic of Uzbekistan - Minister of Finance Zh.A. Kuchkarov and Advisor to the President of the Republic of Uzbekistan R.A. Ghulomov.
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President of the Republic of Uzbekistan Sh. MIRZIYOYEV Send suggestions for the document Listen to audio Get reference from document element Tashkent city, Send suggestions for the document Listen to audio Get reference from document element September 26, 2019, Send suggestions for the document Listen to audio Get reference from document element PF-5837 Send suggestions for the document Listen to audio Get reference from document element Send suggestions for the document Listen to audio Get reference from document element
Appendix
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Get reference from document element to the Decree of the President of the Republic of Uzbekistan dated September 26, 2019, No. PF-5837 Send suggestions for the document Listen to audio Get reference from document element Amendments and additions to be made from October 1, 2019, to certain documents of the President of the Republic of Uzbekistan Send suggestions for the document Listen to audio Get reference from document element Send suggestions for the document Listen to audio Get reference from document element
1. In paragraph 6-1 of Decree No. PF-5019 of the President of the Republic of Uzbekistan dated April 18, 2017, "On Strengthening the Role of Prosecutor's Bodies in Implementing Socio-Economic Reforms, Modernizing the Country, and Ensuring Reliable Protection of Human Rights and Freedoms," the words "income in the form of interest received from placing idle funds in commercial banks" shall be deleted.
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2. Paragraph 5 of Decree No. PF-5095 of the President of the Republic of Uzbekistan dated June 27, 2017, "On Establishing the Agricultural Support Fund under the Ministry of Finance of the Republic of Uzbekistan," shall be stated in the following wording:
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"5. The Fund shall be exempt from all taxes except for the corporate profit tax collected from legal entities at the source of payment." Send suggestions for the document Listen to audio Get reference from document element
3. In paragraph 13 of Decree No. PF-5715 of the President of the Republic of Uzbekistan dated May 13, 2019, "On Additional Measures to Develop and Expand the Mortgage Credit Market," the words "from January 1, 2019" shall be added before the words "by January 1, 2020."
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4. In the seventh bullet point of paragraph 24 of Appendix 2 to Resolution No. PQ-3060 of the President of the Republic of Uzbekistan dated June 15, 2017, "On Establishing the Activity of the Compulsory Execution Bureau Development Fund," the words "income received in the form of interest from placing the Fund's temporarily idle funds in commercial banks shall not be subject to tax" shall be deleted.
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5. Paragraph 8 of Resolution No. PQ-3279 of the President of the Republic of Uzbekistan dated September 15, 2017, "On Measures to Establish a Modern Cotton and Textile Cluster in the Syrdarya Region," shall be stated in the following wording:
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"8. It is established:
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The LLC 'Bek cluster' CK may accumulate funds in som from organizations included in its composition and distribute these funds among them for the implementation of financial and economic activities and the development of production; Send suggestions for the document Listen to audio Get reference from document element Cash flows and property received and given, as well as the distribution of net profit, not related to turnovers in the sale of products produced by themselves between the LLC 'Bek cluster' CK, its organizations, and the organizations themselves, are not considered objects of taxation (except for value-added tax). Send suggestions for the document Listen to audio Get reference from document element Organizers of cotton-textile production are granted the right to transfer property given to peasant farms after October 1, 2018, subject to value-added tax on goods (works, services)." Send suggestions for the document Listen to audio Get reference from document element
6. The second bullet point of paragraph 8 of Resolution No. PQ-3416 of the President of the Republic of Uzbekistan dated November 30, 2017, "On Establishing the Activity of the Ministry of Innovative Development of the Republic of Uzbekistan," shall be stated in the following wording:
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"from all types of taxes except for the unified social payment and corporate profit tax collected from legal entities at the source of payment;". See previous edition. (Para 7 lost force on the basis of Decree No. PF-34 of the President of the Republic of Uzbekistan dated December 15, 2021 — National Database of Legislation Information, 16.12.2021, No. 06/21/34/1164) Send suggestions for the document Listen to audio Get reference from document element
8. The text of Appendix 19 of Resolution No. PQ-4086 of the President of the Republic of Uzbekistan dated December 26, 2018, "On the Main Macroeconomic Indicators Forecast for 2019 and State Budget Parameters as well as Budget Projections for 2020-2021," shall be stated in the following wording:
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"
EXCISE TAX RATES
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Get reference from document element for excisable goods (services) produced (provided) in the Republic of Uzbekistan Send suggestions for the document Listen to audio Get reference from document element

Name of goods (services)

Tax rate

In percent relative to the value of goods sold without taking into account excise tax and VAT

In som per unit

1. Rectified ethyl alcohol from food raw materials, technical ethyl alcohol from rectified and ether-aldehyde fractions, and the initial fraction of ethyl alcohol (per 1 dal)

10,800

2. Wine (per 1 dal of finished product):

naturally fermented natural wines (without added ethyl alcohol)

7,700

other wines

14,500

3. Cognac (per 1 dal of finished product)

102,000*

4. Vodka and other alcoholic products (per 1 dal of finished product)

98,000

5. Beer (per 1 dal of finished product)

10,600

6. Filtered, unfiltered cigarettes, papillotes

141,500 som/1000 pcs + 9.0 percent*

7. Jewelry items

25

8. Mobile communication services

20

9. Kitchenware made of silver

11

10. Petroleum products:

Ai-80 gasoline

200,000 som/ton

Ai-91, Ai-92, Ai-93, Ai-95 gasoline

250,000 som/ton

diesel fuel

200,000 som/ton

ECO diesel fuel

180,000 som/ton

aviation kerosene

180,000 som/ton

motor oil for diesel or carburetor (injector) engines

250,000 som/ton

11. Natural gas, including export
    1

20

12. Liquefied gas sold by manufacturing enterprises (excluding volumes sold to the population through "Uztransgaz" AC interregional unitary enterprises), including export
    1

30

13. Polyethylene granules

30

14. Realization to the final consumer
    2
    :

gasoline

285 som per 1 liter / 378,480 som per 1 ton
(3)

diesel fuel

285 som per 1 liter / 346,275 som per 1 ton
(3)

liquefied gas

285 som per 1 liter / 540,645 som per 1 ton
(3)

compressed gas

435 som per 1 cubic meter
(3)
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• The excise tax rate for cognac with a volumetric alcohol content of more than 40 percent is set at 152,400 som per 1 dal of finished product.
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  The excise tax rate for vodka and other alcoholic products with a volumetric alcohol content of more than 40 percent is set at 148,000 som per 1 dal of finished product. Send suggestions for the document Listen to audio Get reference from document element
• The fixed rate of excise tax is applied to the volume of excisable goods expressed in natural terms, and the ad valorem rate of excise tax is applied to the value of goods realized by the manufacturer without taking into account excise tax and value-added tax.
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  Notes:
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  1. The payers of excise tax on natural and liquefied gas and the procedure for its payment shall be established by the Ministry of Finance of the Republic of Uzbekistan in agreement with the State Tax Committee.
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  2. The amount of excise tax rates for gasoline and diesel fuel obtained from raw materials supplied for processing (davit) shall be formed within the retail prices of gasoline, diesel fuel, and gas, taking into account the excise tax on retail sales of gasoline, diesel fuel, and gas. The procedure for calculating and paying excise tax by payers on the volume of gasoline and diesel fuel produced on a davit basis from raw materials imported under brokerage contracts, as well as the retail realization of gasoline, diesel fuel, and gas, shall be established by the Ministry of Finance of the Republic of Uzbekistan and the State Tax Committee.
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  3. Excise tax shall be calculated based on 1 liter when realizing gasoline, diesel fuel, and liquefied gas to vehicles through gas stations, and based on 1 ton in other cases."
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  9. In the second bullet point of paragraph 4 of Resolution No. PQ-4268 of the President of the Republic of Uzbekistan dated April 4, 2019, "On Additional Measures to Ensure Timely Supply of the Agricultural Sector with Agricultural Machinery," the words "from January 1, 2019" shall be added after the words "It is established,".
  (National Database of Legislative Information, 26.09.2019, No. 06/19/5837/3812; National Database of Legislation Information, 16.12.2021, No. 06/21/34/1164)