Uzbekistan tax system and taxpayers’ activities to be overhauled fundamentally
At the meeting, chaired by Shavkat Mirziyoyev, a fundamental revision of the tax system and taxpayers' activities in Uzbekistan was emphasized.
In particular, work with 40 thousand budget-financed organizations will be transferred from the regions to the newly established Inspectorate of Budgetary Organizations under the Tax Committee. This Inspectorate will be fully digitized and integrated into the Treasury's electronic system.
In addition, an Inspectorate for collecting tax debt will be set up and empowered with enforcement powers on par with the Enforcement Bureau. This will enable an additional 200 tax collectors from the district tax departments to join the Mahalla (neighborhood) working system.
A specialized unit will be formed to manage tax matters of the country’s 80 largest enterprises and 35 commercial banks, which account for 50 percent of Uzbekistan’s tax revenue.
This unit at the Inspectorate for Large Taxpayers will work in close collaboration with the Ministry of Economy and Finance.
Recommended
Popular news
- Italy appoints new Ambassador to Uzbekistan
- Donald Trump invites Shavkat Mirziyoyev to join the Peace Council initiative
- Uzbekistan among world’s seven fastest-growing tourism destinations — UN report
- Qualifying for the World Cup is a major source of pride for Central Asia — Shomurodov
- Two individuals on the international wanted list extradited from Croatia to Uzbekistan
- UAE President awards Uzbekistan’s Ambassador Abdulaziz Akkulov with the “Independence” order
Comments
No comment yet. Maybe you comment?
Enter to comment