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Uzbekistan Tax Changes for 2022 Include Increased Depreciation Rates, Removal of Loss Carry Forward Restrictions, and Several Others

|Approved Changes|Uzbekistan
Uzbekistan

The State Tax Committee of Uzbekistan issued a series of releases summarizing changes to the tax code for 2022 ( Part 1, Part 2, Part 3, Overview). Changes include:

  • General deprecation rates are increased overall:
    • Buildings - 5%
    • Constructions (structures) - 10%
    • Pipelines, power lines, and telecommunications - 15%
    • Machinery and equipment (except transport equipment) - 20%
    • Transport equipment - aircraft and related equipment, ships, boats, locomotives - 10%
    • Transport equipment - motor vehic…

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