On cancellation of separate tax and customs privileges

The Decree of the President «On cancellation of separate tax and customs privileges» ( CP-6011, 19.06.2020 was adopted).

The Decree establishes that:

the social tax is exempt from the benefits provided for in the tax acts, unless they expressly state an exemption from the tax;

VAT privileges for work (services) purchased from non-resident legal entities of Uzbekistan are not extended to work (services) provided by non-resident legal entities operating in Uzbekistan through permanent institutions.

The Decree also amended a number of Presidential decrees and decrees and abolished a number of tax exemptions.

In particular, with effect from 1 January 2021, the tax-exempt income of young family members will be exempted from the amount of wages and other income subject to taxation, mortgage repayment and mortgage interest, The funds received for the construction, reconstruction and purchase of an individual residential house or apartment in a residential apartment building, established by Presidential Decree CP-3878.

The Decree shall enter into force on 1 October 2020.