Amendments to the Tax Code
By virtue of the Law of the Republic of Uzbekistan No.ЗРУ-355 of 7 October 2013 penalties previously applied to legal entities in the following cases have been excluded from the Tax Code:
Double tax treaty with Slovenia
Presidential Resolution #ПП-2061 of 1 November 2013 approved the Convention between the Republic of Uzbekistan and Republic of Slovenia for the avoidance of double taxation and prevention of fiscal evasion with respect of taxes on income and capital, signed on 11 February in Ljubljana.
Proposed changes in tax legislation in 2014
Draft tax and budget policy of Uzbekistan for 2014 envisages a reduction of the lower tax rate for personal income tax from 8% to 7.5% as well as reduction of the rate of corporate income tax from 9% to 8%.