The budget for 2022 has been submitted by the information service of the Finance Ministry. It outlines the main directions of tax policy for 2022 and the following years.
Фото: Fotolia
In 2022, the following basic tax rates will remain unchanged:
- value added tax rate – 15%;
- income tax rate – 15%;
- personal income tax rate – 12%;
- base rate of turnover tax – 4%;
- income tax rate on income in the form of dividends – 5%;
- maintaining the application of a tax rate of 40 soums for the use of water resources for irrigation of agricultural lands, including a tax rate of 1.05 to cover the cost of water supplied by water suppliers;
- the land tax of agricultural enterprises will be maintained at the tax rate of 0.95% relative to the normative value of agricultural crops.
At the same time, starting from January 1, 2023 will be reduced:
- value added tax – from 15% to 12%;
- the rate of excise tax on mobile services – from 15% to 10%;
- the corporate income tax rate for banks, mobile operators and markets and shopping malls – from 20% to 15%.
Reportedly, the fixed excise, land tax, property and water tax rates will be indexed in an amount not less than the inflation rate.
