Uzbek President: New Tax Code should be clear to all

At the meeting on the issues of full implementation of the new concept of tax policy, issues of increasing tax collection were considered. It was noted that the work of tax authorities in this direction is unsatisfactory, tax arrears remain at places. Relevant agencies are instructed to ensure full tax revenues, reports the press service of Uzbek government.

It was emphasized that the existing bureaucratic obstacles in tax administration negatively affect the activities of exporters. In particular, manufacturing enterprises exporting their products face red tape and have to appeal to the district, regional and republican tax authorities for months to refund the amount of value added tax.

In this regard, the President noted the need for introducing a simplified procedure, providing for the reimbursement of value added tax within ten days.

"The new Tax Code should fully cover all the procedures, mechanisms and methods of taxation, to be clear to all. This work is our first step towards creating a fair and stimulating tax system", – the the president of Uzbekistan.

Information of responsible managers was heard on the issues discussed at the meeting.