Tax Code amended

The President has signed the law “On amendments and additions to certain legislative acts in connection with the adoption of the law “On the State Budget of Uzbekistan for 2021”.

According to the document, Uzbekistan has expanded the category of taxpayers who are not subject to turnover tax.

From January 1 of this year, stationery outlets for the retail sale of alcoholic beverages, including beer, as well as markets and shopping malls, regardless of the amount of total income, are paying value-added tax (VAT) and income tax.

To register and receive a certificate of a VAT payer, taxpayers must submit to the tax authorities an electronic application no later than the fifth day of the month stating that they have switched to paying VAT.