The Uzbekistan Ministry of Economy and Finance has published its Budget for 2025-2027, including the tax proposals for 2025. Key points include:
- Standard tax rates will be maintained, including the 15% profit (corporate) tax rate, the 12% personal income tax rate, the 12% social tax rate (25% for state-owned companies), the base 4% single turnover tax rate, and the 12% VAT rate;
- An excise tax will be introduced on non-carbonated sugary beverages, along with an increase in relevant excise ta…