Uzbekistan to Cut VAT Rate from 15% to 12% and Introduce New Tax Rules for Smaller Taxpayers
The State Tax Committee of Uzbekistan recently issued a release on the growing number of VAT payers, noting, among other things, that the VAT rate will be reduced from 15% to 12% from 1 January 2023. The reduction in the VAT rate was first announced by President Shavkat Mirziyoyev at the International Congress Center in August 2022.
President Mirziyoyev also announced changes for smaller tax…
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