Uzbekistan Ends Tax Breaks for Exporters

• Uzbekistan has abolished tax incentives for exporters
• The decision was made to simplify the tax system and increase revenue
• Exporters will now be subject to the same tax rates as other businesses
• The government hopes this will create a more level playing field for all businesses
• Some exporters are concerned about the impact this will have on their profits

Source: research.ibfd.org

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.

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