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Uzbekistan: Proposed tax measures in 2025-2027 budget

Proposed tax measures include repeal of certain VAT benefits

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December 26, 2024

The Uzbekistan Ministry of Economy and Finance on October 30, 2024, published its budget for 2025-2027, which would generally maintain standard tax rates, but also introduce the following proposed tax measures:

  • New excise taxes on non-carbonated sugary beverages
  • Increase in property and land taxes by 10%
  • Repeal of certain value added tax (VAT) benefits
  • Increase in profit tax rate for electronic commerce to 10% and turnover tax to 3%

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