Published
06/08/2025, 14:52This coming Monday, the parliamentary committee will hold a session to review 75 amendments to the Tax Code. MP Dastan Bekeshev shared the proposed changes on his Telegram channel.
One of the key changes is the exemption from land tax. Agricultural land will be exempt from taxation until 2031. This measure has already been outlined in a presidential decree and will now form the basis of the new law.
A patent system will also be introduced for trading activities, with the rate depending on the size of the container. The Tax Committee will be responsible for setting these rates.
For entrepreneurs using the simplified taxation system, the turnover threshold will be increased from 30 million to 50 million soms. The tax rate will remain at 0.5% of turnover.
Banks will be required to submit information to the tax authorities when legal entities are liquidated or individual entrepreneurs are closed. This refers to transactions made through bank accounts.
Special attention is given to operations involving foreign companies. A new transactional regime will be introduced for cases where, on behalf of foreign entities or individuals, funds are transferred to other foreign entities, including in cash. These operations will be taxed at a rate of 0.2% of the turnover.
