Uzbekistan Tax Changes for 2022 Include Increased Depreciation Rates, Removal of Loss Carry Forward Restrictions, and Several Others
The State Tax Committee of Uzbekistan issued a series of releases summarizing changes to the tax code for 2022 ( Part 1, Part 2, Part 3, Overview). Changes include:
- General deprecation rates are increased overall:
- Buildings - 5%
- Constructions (structures) - 10%
- Pipelines, power lines, and telecommunications - 15%
- Machinery and equipment (except transport equipment) - 20%
- Transport equipment…