Uzbekistan Gazettes Decree Amending VAT, Corporate Income Tax Rates

The Uzbek Official Gazette Sept. 26 published a decree amending the VAT and corporate income tax rates. The decree includes measures: 1) introducing a 15 percent corporate income tax rate, which does not apply to dividend income; 2) reducing the VAT rate to 15 percent from 20 percent, effective Oct. 1; and 3) reducing to 12 percent from 25 percent the single social contribution rate for entities that have the government as the majority shareholder. [Uzbekistan, Official Gazette, 09/26/19]

Reference:
View Decree. View Index.