Tashkent, Uzbekistan (UzDaily.com) -- A training course for tax officials on changes in tax legislation on the administration of value added tax was held at the State Tax Committee. This was reported by the press service of the State Tax Committee.

The event was held in the form of a video conference call with the participation of all regional departments of the state tax service of Uzbekistan.

A report on the administration of risk analysis for VAT was made by World Bank expert Khalid Elkorek. In particular, he noted the advantages of an automated risk assessment system. According to the expert, such a system increases the reliability of the analysis and eliminates the interference of the human factor.

The expert of the International Monetary Fund Modestas Kaselyauskas in his speech spoke in detail about international experience in the administration of VAT.

It was noted that VAT belongs to the category of indirect taxes or consumption taxes. It is an important source of budget replenishment in many countries. And this type of taxation is used today by 140 countries of the world.

Among the advantages of this type of tax there is a greater uniformity in the distribution of the tax burden, difficulty in avoiding payment, as well as increased competitiveness in the business environment.

In addition, the positive aspects of the introduction of mandatory electronic electronic invoices and online cash registers since 2020 are considered. These mechanisms reduce the possibility of tax evasion and promote transparency in doing business.

Employees of the territorial state tax administrations also actively participated in the discussion of VAT administration issues, received comprehensive answers to all their questions.