- From Jan 1, 2026, automatic VAT (QQS) refunds without inspections will not apply to businesses whose founder or manager committed tax/evasion-related crimes.
- It also will not apply to new or reorganized businesses established in the last 12 months by such founders or managers.
- If these conditions are found in a business that otherwise qualifies for automatic VAT refunds, the refund system will be restricted.
- The rule is meant to improve tax administration, prevent violations, and ensure benefits are targeted properly.
- For reference, automatic refunds still apply: AAA-rated businesses in 1 day, certain agricultural producers in 3 days, high-rated clusters and textile firms until July 1, 2027 in 2 days, and VAT amounts up to 10 million soʻm without inspection.
Source: facebook.com
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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