The Uzbek Ministry of Finance May 19 opened a consultation on proposed amendments to the tax code. The amendments include: 1) a reduction of the non-resident individual income tax rate to 12 percent from 20 percent from qualifying income sources within Uzbekistan; 2) a VAT exemption on imports of medical supplies from April 1, 2022, to Jan. 1, 2025; and 3) the introduction of a social tax rate of 1 percent for businesses in labor-intensive rural areas from Sept. 1, 2022, to Jan. 1, 2025. Comments are due June 2. [Uzbekistan, Ministry of Finance, 05/19/22]
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