The amount of non-taxable income of persons with disabilities has been increased
Tashkent, Uzbekistan (UzDaily.com) -- The Law No. 767 introduced additions and amendments to the Tax Code.
According to the amendments, taxpayers who have temporary tax benefits, corporate property tax benefits in line with resolutions of the President or the Government and full exemption from land tax for legal entities, pay these taxes in the amount of 1 percent (this procedure comes into force in 3 months).
When calculating income tax, funds donated to a public Children’s Support Fund are deductible when determining the tax base.
Funds of disabled children, as well as disabled people of groups I and II are not subject to income tax up to 3 times the minimum wage.
This procedure also applies to relations that arose from 1 March 2022.
Lands occupied by newly created orchards, vineyards and mulberry groves are exempt from land tax for a period of 5 years. Previously, this period was 3 years.
This procedure also applies to relations that arose from 1 January 2022.