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.