- The Law of the Republic of Uzbekistan on Amendments and Additions to Certain Legislative Acts of the Republic of Uzbekistan in Connection with the Adoption of the Main Directions of Tax and Budget Policy for 2024 was adopted by the Legislative Chamber on December 15, 2023 and approved by the Senate on December 20, 2023.
- The main directions of tax policy for 2024 include reducing the tax burden, simplifying the tax system and customs procedures, and improving tax and customs administration.
- The law also introduces changes related to tax exemptions for parents’ income used to pay for their children’s education in professional and higher educational institutions, as well as the possibility of collecting fees for the entry and transit of foreign vehicles on the territory of the country.
- The purpose of this law is to create the necessary legal conditions for implementing the main directions of tax policy for 2024 and subsequent years.
Source: lex.uz
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
