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Technologies 04/01/2016 Mobile operators to pay income tax based on profitability
Mobile operators to pay income tax based on profitability
Tashkent, Uzbekistan (UzDaily.com) -- The Government of Uzbekistan installed a rate of income tax for legal entities, rendering mobile communication services.

The rate of tax was set in line with resolution of the President of Uzbekistan Islam Karimov “On forecast of main macroeconomic figures and parameters of State Budget of Uzbekistan for 2016”.

According to the resolution, legal entities, rendering mobile communication, will pay income tax based on the profitability level.

If the profitability makes up 20%, the tax rate will be 7.5%. At the profitability level of over 20%, the tax rate will be 50% from the sum of income, exceeding 20% profitability level.

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