Tashkent, Uzbekistan (UzDaily.com) – The Senate of Oliy Majlis of Uzbekistan approved the Law “On Amendments and Additions to the Tax Code of the Republic of Uzbekistan”.

The law envisages the adoption of a new version of the Tax Code.

The law stipulates the unification of taxes, optimization of their amount by combining taxes with a similar tax base, reduction and simplification of tax reporting, reduction of operating expenses.

The approved Law will enter into force after its signing by the President and publication in the prescribed manner.