Uzbekistan Tax and Budget Law for 2019 Published Including Rate Reductions and Other Changes
Uzbekistan has published Law No. ЗРУ-508 of 24 December 2018 in the Official Gazette, which includes amendments in relation to the tax and budget policy for 2019. This includes measures approved earlier in the year by orders of the Uzbek President, with some changes:
- A reduction in the standard corporate tax rate from 14% to 12%;
- A reduction in the corporate tax rate for commercial banks from…