Tashkent, Uzbekistan (UzDaily.com) -- According to the press service of the Ministry of Finance, the main directions of tax policy for 2021 envisage the preservation of the main tax rates for VAT (15%), income tax (15%, for certain categories 20%), tax income of individuals (12%), property tax of legal entities (2%), land tax for agricultural land (0.95%), social tax (economic entities - 12% and budgetary organizations - 25%), turnover tax (base rate 4%).

At the same time, the tax policy for 2021 is aimed at continuing tax reforms that provide for the direct effect of the Tax Code, further support for exporters, fair distribution of the tax burden and increase the efficient use of natural resources, the report said.

The bill provides for the inclusion in the Tax Code of the rates of excise tax, land tax, tax for the use of water resources and tax on income of individuals, established at a fixed rate, as well as certain norms related to the application of these rates.