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Uzbekistan Reduces Rates of Subsurface Use Tax for 2022 and Introduces Rent Tax

|Approved Changes|Uzbekistan
Uzbekistan

Uzbekistan has reduced the rates of subsurface (subsoil) use tax for the production/extraction of natural resources from 1 January 2022. This includes rates of 10% for natural gas and oil, 7% for gold and copper, 2.7% for tungsten, and 8% for uranium.

In addition to the subsurface use tax reduction, Uzbekistan has also introduced a rent tax from 1 January 2022 on subsurface users engaged in t…

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