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Uzbekistan

17 April 2020

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Uzbekistan Issues Release on Deferral of Local Tax Payments Due to COVID-19

The Uzbekistan Ministry of Finance has issued a release on the deferral of payment of certain local taxes as part of measures to mitigate the negative effects of the coronavirus (COVID-19) pandemic. The release also provides further information on deferrals for SMEs in particular.

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DEFERRAL IN PAYMENT OF LOCAL TAXES OR HOW TO BE GRANTED AN OPPORTUNITY TO PAY IN INSTALLMENTS

According to the Decree of the President of the Republic of Uzbekistan dated March 19, 2020 № 5969 "On priority measures to mitigate the negative effects of the coronavirus pandemic and the global crisis on sectors" deferral of tax payments to be exact property tax, land tax and tax for water use for a 6 months period with no interest (allowing to pay in installments) for was issued by local authorities.

Business entities apply for this opportunity in the prescribed manner, including via filling out an electronic form through the personal account of taxpayers to the Council of Ministers of the Republic of Karakalpakstan, regional hokimiyats and Tashkent city hokimiyat.

The applications sent through the personal account are submitted in paper or electronic form by the state tax administrations and the Interregional State Tax Inspectorate for Large Taxpayers.

These applications are reviewed in the manner prescribed by the Decree and submitted with the conclusions of relevant agencies to the Jogorku Kenesh of the Republic of Karakalpakstan, regional and Tashkent city Councils of deputies.

Once the Jogorku Kenesh of the Republic of Karakalpakstan, regional and Tashkent city Councils of deputies have adopted a resolution on deferral (opportunity to pay in installments) on local taxes, it is sent to the taxpayer and relevant tax authorities for execution.

The decision to defer payment of local taxes (payment in installments) shall take effect from the first day of the month following the month in which the decision was made, unless otherwise provided by the Decree.

Additionally, in accordance with the Decree of the President of the Republic of Uzbekistan dated April 3, 2020 No 5978 "On additional measures to support the population, sectors of the economy and businesses during the coronavirus pandemic", the following benefits are provided to micro and small enterprises and individual entrepreneurs.

In the event of termination of activities and (or) revenue from the sale of goods (services) decreased by more than 50% compared to the average monthly amount in the first quarter of this year, notifying the tax authorities:

on turnover tax, property tax, land tax, water use tax without application to local public authorities - on the condition that they will be paid in equal installments within 12 months;

on social tax - they will be entitled to an interest-free delay (payment in installments) until October 1, 2020, provided that it is paid in equal shares for a period of 6 months thereafter.

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