The President of the Central Asian state of Uzbekistan has reconfirmed a reduction of Value Added Tax from 15% to 12% next year. The ruling Liberal Democratic Party of Uzbekistan announced the reduction last year that the standard Value Added Tax rate would be reduced to 12% from 1 January 2023. The current VAT rate in Uzbekistan is 15%. There is also a plan for a reduced 14% VAT rate this year for certain supplies.
Source: VAT Calc
Latest Posts in "Uzbekistan"
- Uzbekistan Launches AI-Driven VAT Assessment Tool for E-Invoicing and Tax Risk Management
- Tax Calendar: Key Tax Reporting and Payment Deadlines for January and February 2026 in Uzbekistan
- In January, 0.3% of Taxpayers Underwent Desk Audits, Revealing 2.4 Trillion Soum Discrepancies
- Uzbekistan to Launch Automated VAT Refund System as Part of Tax Reforms by 2030
- Automated Risk-Based E-Invoice and VAT Accounting System Introduced from January 2026
