December 10, 2020

Amendments are made to the list of large taxpayers in Uzbekistan

According to the draft of the project published by the State Tax Committee, it is planned to amend the criteria for classifying legal entities as large taxpayers.

The criteria for large taxpayers are specified in the Resolution of the State Tax Committee of the Republic of Uzbekistan “On approval of the regulation on the establishment of criteria for classifying legal entities as large taxpayers” (registered by the Ministry of Justice of the Republic of Uzbekistan on July 12, 2019, Registration No. 3172).

According to the Resolution, currently large taxpayers are considered to be:

  1. enterprises producing excisable goods and providing services subject to excise tax;
  2. commercial banks, commodity, stock and currency exchanges;
  3. State Company “Navoi Mining & Metallurgical Combinat”, JSC “AlmalykMMC” and their organizations;
  4. organizations participating in works under production sharing agreements;
  5. legal entities whose net profit is from the sale of products (goods, works and services) at the end of the past calendar year is more than 100 billion soums or, at the end of a consecutive 12-month period, exceeds the specified amount;
  6. legal entities producing, processing, supplying and selling hydrocarbon raw materials and mineral resources, as well as producing and supplying electric energy, with the exception of gas stations;
  7. users of the airspace of the Republic of Uzbekistan for the purpose of passenger traffic, carrying out international air flights, and their constituent legal entities.

According to the submitted project, it is planned to supplement the list with the following items:

  1. enterprises engaged in the production of cement and household electrical appliances;
  2. cluster textile enterprises, whose net profit is from the sale of products (goods, works and services) at the end of the past calendar year is more than 50 billion soums or at the end of a consecutive 12-month period, exceeds the specified amount.

It should be noted that these proposals may be changed, as the draft has just been published for discussion.