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Uzbekistan Proposed Tax Measures for 2025

15 November 2024

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Approved Changes

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Uzbekistan

The Uzbekistan Ministry of Economy and Finance has published its Budget for 2025-2027, including the tax proposals for 2025. Key points include: Standard tax rates will be maintained, including the 15% profit (corporate) tax rate, the 12% personal income tax rate, the 12% social tax rate (25% for state-owned companies), the base 4% single turnover tax rate, and the 12% VAT rate; An excise tax will be introduced on non-carbonated sugary beverages, along with an increase in relevant excise taxes to promote a healthy lifestyle and efficient use of natural resources, such as the excise taxes on carbonated sugary beverages,...