How will cameral tax audit be appointed in Uzbekistan?

Tashkent, Uzbekistan (UzDaily.com) -- According to the information service of the State Tax Committee, in 2022, amendments were made to article 138 of the Tax Code, dedicated to a cameral tax audit.

Now the tax authorities, prior to the start of a cameral tax audit, can conduct a pre-verification analysis, which allows them to analyze tax reports and other information about the taxpayer's activities without his direct participation using automated information systems.

Pre-verification analysis is carried out without the order of the head (deputy head) of the tax authority.

If, in the course of the pre-verification analysis, in the tax reporting submitted to the tax authorities, discrepancies with the information available in the tax authorities and (or) errors are revealed, a notification will be sent to the taxpayer's personal account on making the appropriate corrections to the tax reporting.

Within 10 days from the date of receipt of this notification, it is necessary to submit the revised tax reporting or justification for the identified discrepancies.

Failure to fulfill these obligations is the basis for the appointment by the tax authority of cameral tax audit.

The pre-verification analysis is considered complete from the date the taxpayer submits the revised tax reporting (substantiation of the identified discrepancies) or the appointment of cameral tax audit.

The Law "On Amendments and Additions to the Tax Code of the Republic of Uzbekistan" envisages a number of other innovations.

In particular, the article on tax incentives has been supplemented.

In order to reduce the impact of the human factor, tax incentives are accounted for by tax authorities using information systems and assigning a special identification code to each type of tax incentives.

The overpaid (withheld) amount of personal income tax, determined on the basis of a declaration of total annual income, is returned to an individual who is a taxpayer on the basis of his application, regardless of where he is taxed.

Practice has shown that, on average, two thousand VAT taxpayers out of 23 thousand who applied for a refund of an overpaid amount were refused refunds, due to the fact that their counterparties submitted tax reports once a quarter.

In this regard, in order to simplify the procedure for fulfilling tax obligations and refunding VAT, part two of Article 259 of the Tax Code was excluded: "For taxpayers whose turnover on the sale of goods (services) does not exceed one billion soums per month, the tax period is a quarter."

To date, it has been established that 219.1 thousand individuals are the owners of 275.9 thousand real estate objects.

At the same time, information on the use of almost 50% of them is absent from the tax authorities.

With this in mind and in order to avoid cases of unjustified receipt by taxpayers of unjustified profit from VAT, the Tax Code has also been amended.

Namely: the amount of tax on purchased goods (services), previously accepted for offset when purchasing them, is subject to adjustment, in the case when these goods are stored at real estate objects provided for rent or for free use on the basis of contracts not registered with tax authorities , according to the press service of the State Tax Committee.