Ministry of Economy: Tax burden in Uzbekistan is decreasing
19/11/2014 15:22
Ministry of Economy: Tax burden in Uzbekistan is decreasing
19/11/2014 15:22
Tashkent, Uzbekistan (UzDaily.com) -- Tax burden of Uzbekistan decreased from 41% of GDP in 1996 to 20.5% of GDP in 2013, the statement of the Ministry of Economy of Uzbekistan said.
Ministry said that for last several years optimal system of taxation was formed in Uzbekistan, in the result of which total tax burden fell over 3 times, the ministry said.
The ministry said that the Government provides additional preferences to exporters, small businesses and enterprises, which carry out investments and launch production of new goods.
In particular, small businesses are paying single tax payment instead of all other taxes, rate of which makes up 5-6% based on the sphere of the activity.
Dynamics of decreasing of tax burden (in % to GDP) (Source: Ministry of Economy of Uzbekistan)
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$ 1 | 12667.00 | +0.022% |
1 | 13481.49 | -2.022% |
₽ 1 | 135.77 | -0.506% |