Uzbekistan's major taxpayers surpass 1,600 contributing over $7bn in 11M 2023

In a recent report from the Tax Committee, it has been revealed that the number of major taxpayers in Uzbekistan has exceeded 1,600, marking a significant milestone. Throughout 11M 2023, these large taxpayers collectively contributed UZS  87.4 trillion ($7bn) to the national coffers, The Tashkent Times reports.

Breaking down the figures, the top 10 largest taxpayers, with a government stake, accounted for UZS 47.3 trillion ($3.5bn) of this total. The contributions from these major players are as follows:

1. Navoi Mining and Metallurgical Plant - UZS 22.9 trillion ($1.8bn)
2. Almalyk Mining and Metallurgical Plant - UZS 7.8 trillion ($630.2mn)
3. Uzbekneftgaz - UZS 4.3 trillion ($395.9mn)
4. Navoiyuran - UZS 2.6 trillion ($210mn)
5. Uzgaztrade - UZS 2.6 trillion ($210mn)
6. Hududgaztaminot - UZS 2.4 trillion ($193.9mn)
7. UzAuto Motors - UZS 1.5 trillion ($121.1mn)
8. Heat power stations - UZS 1.4 trillion ($113.1mn)
9. Territorial Electric Networks - UZS 1.2 trillion ($96.9mn)
10. Uzavtosanoat - UZS 1.1 trillion ($88.8mn)

In addition to the state-owned enterprises, the top 10 largest private taxpayers contributed a noteworthy UZS 6.1 trillion ($492.8mn) in taxes over the same period. UzBAT emerged as the leader in this category, making a substantial payment of nearly UZS 2.2 trillion ($177.7mn). The ranking of private taxpayers and their respective contributions is as follows:

1. UzBAT - UZS 2.1 trillion ($176.5mn)
2. Beeline - UZS 687bn ($55.5mn)
3. ERRIEL - UZS 675bn ($54.5mn)
4. Kapital Bank - UZS 552bn ($44.6mn)
5. Tashkent Tobacco - UZS 480bn ($38.7mn)
6. Hamkor Bank - UZS 418bn ($33.7mn)
7. Enter Engineering - UZS 407bn ($32.8mn)
8. Coca Cola Ichimligi - UZS 293bn ($23.6mn)
9. International Beverages Tashkent - UZS 238bn ($19.2mn)
10. SANEG - UZS 228bn ($18.4mn).

These figures showcase the significant role played by both state-owned enterprises and private businesses in contributing to Uzbekistan's tax revenues, reflecting a robust economic landscape.

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