The State Tax Committee of Uzbekistan recently issued a series of releases that provide an overview of tax changes made by Law No. ORQ-785 of 26 July 2022. This includes several measures that were previously announced and implemented in April 2022 through various decrees, including reduced rates or exemptions on dividends and interest on bonds, a reduced social tax rate of 1% for various qualifying businesses, a 1% turnover tax rate for tourism-related businesses, and others.
Several other …