Tashkent, Uzbekistan (UzDaily.com) — President of Uzbekistan Shavkat Mirziyoyev has signed a law introducing amendments and additions to the Tax Code.

According to the law, the tax rates established for budgetary organizations receiving income from additional sources are extended until 1 January 2027. Additionally, changes are introduced to increase the threshold for cumulative income from 5 billion to 10 billion soums, at which taxpayers are required to make monthly advance payments after the full quarter has ended.

Furthermore, it is established that budgetary subsidies provided based on decisions by the President of Uzbekistan or the Cabinet of Ministers are not included in the total income.

The law also introduces temporary tax exemptions on profit tax, effective from 1 January 2025, to 1 January 2030, for expenses related to the construction of buildings for non-governmental general secondary education organizations funded by their own resources.

According to the changes, until 1 January 2027, prosthetic devices and their components imported into Uzbekistan are exempt from value-added tax. Additionally, from 1 November 2024, to 1 January 2026, turnover from operators of wagons (containers), who are residents of Uzbekistan, providing rental services for rail transport will be exempt from value-added tax.