Uzbek President signed a decree "On write-off of the tax debt resulting from the application of the effective tax mechanism, “Huquqiy axborot” Telegram informs.
According to the decree:
- existing tax debt is written off the property and land taxes resulting from the increased rates to the unused objects;
- judicial and executive proceedings related to tax debt recovery will be terminated.
From July 1, 2022 until the decree’s entry into force, the tax collected as a result of the effective tax mechanism will be returned to the owners at the expense of future payments.
From July 1, 2022, property tax and land tax will be increased on empty properties, unused production areas, non-residential structures, unfinished construction objects and the land occupied by these objects with no further tax benefits and preferences.
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