Uzbekistan reportedly published the Act on amendments and additions to the Tax Code in the Official Gazette on 31 December 2019, which generally applies from 1 January 2020. The revised Tax Code includes measures mandated earlier by presidential decree and other changes. Key points include:
- The standard corporate tax rate is increased from 12% to 15%, while the 20% rate is maintained for commercial banks, mobile service providers, and companies producing cement and polyethylene granules;
- The…