- The State Tax Committee of Uzbekistan provides information on VAT obligations for land purchased at auction.
- VAT calculation and payment are the responsibility of the buyer when state property is sold.
- Changes to the Tax Code exempt certain properties from VAT starting January 1, 2025.
- Properties exempt include non-agricultural vacant land.
- Until January 1, 2025, companies purchasing such land must calculate and pay VAT.
- After January 1, 2025, buyers of these properties are exempt from VAT.
- Purchases made in 2024 still require VAT payment.
- Tax reports for properties bought after 2025 should apply the exemption.
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.
