Tashkent, Uzbekistan (UzDaily.com) -- From 1 January 2024 to 1 January 2026, income of commercial banks participating in the “Comprehensive Program for Continuous Support of Small Businesses” in the form of interest received on bank loans allocated for projects for tax purposes income is recognized as a deductible expense.

From 1 January 2024 to 1 January 2027, “research and development” centers pay property and land taxes in the amount of 1% of the accrued amount of these taxes, as well as social tax at a rate of 1%.

From 1 January 2024 to 31 December 2025, a special rental income will not be applied to legal entities mining precious, non-ferrous and (or) radioactive metals, rare and rare earth elements and (or) extracting them from man-made mineral formations, as well as extracting hydrocarbon raw materials. tax. This provision applies to a subsoil plot where production began in the period from 1 January 2024 to 31 December 2025 and applies to the entire period of activity for the extraction (extraction) of metals or hydrocarbons.

Until 1 January 2028, sales turnover, as well as the import of goods (services) purchased within the framework of projects financed through loans from international financial institutions and foreign government financial organizations, are exempt from VAT.