The income and capital tax treaty between Tajikistan and Uzbekistan reportedly entered into force on 6 June 2018. The treaty, signed 9 March 2018, is the first of its kind between the two countries.
The treaty covers Tajikistan income tax, profit tax, and immovable property tax and covers Uzbekistan corporate income tax, individual income tax, and property tax.
The treaty includes the provision that a permanent establishment will be deemed constituted when an enterprise furnishes services through employees or other engaged personnel if the activities continue for a period or periods aggregating more than 6 months.
The following capital gains derived by a resident of one Contracting State may be taxed by the other State:
Gains from the alienation of other property by a resident of a Contracting State may only be taxed by that State.
Both countries apply the credit method for the elimination of double taxation.
The treaty applies from 1 January 2019.
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