As part of the State Budget for 2024, Tajikistan has reportedly implemented a 50% reduction in the VAT rate on the import of natural gas and electricity into Tajikistan with effect from 1 January 2024. In addition to the VAT reduction, Tajikistan has also reduced the standard VAT rate from 15% to 14% with effective from 1 January 2024. This was previously scheduled as part of the new Tax Code that took effect in 2022, with a further reduction to 13% scheduled for 2027. Although a higher VAT rate was to apply for cash transactions, the standard VAT rate of...