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Finance 26/06/2018 Tax authorities have the right to suspend operations on bank accounts of legal entities
Tax authorities have the right to suspend operations on bank accounts of legal entities
Tashkent, Uzbekistan (UzDaily.com) -- State tax authorities received the right to suspend operations on bank accounts of taxpayers-legal entities in cases of their absence at the declared address or failure to submit tax or financial statements.

President of Uzbekistan Shavkat Mirziyoyev signed a resolution “On measures to radically improve the activities of the state tax service”.

"Provide the bodies of the state tax service with the right to suspend transactions on bank accounts of taxpayers and legal entities in cases of their absence at the declared address, as well as failure to submit tax or financial statements in due time, differences or updated tax reports based on the results of desk control,” the document said.

The tax service also received the right to collect dividends on the state share and deductions to the state budget of the Republic of Uzbekistan from the net profit of state unitary enterprises.

Tax authorities can now also write off tax debts from bank accounts, servicing plastic cards of individual taxpayers, in an amount not exceeding two minimum monthly wages.

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