Increase in property tax payments

From 1 January 2024, the minimum value set for 1 square metre is indexed in determining the tax base with the preservation of the basic rate of property tax levied on legal entities (1.5 per cent). This was reported in the Ministry of Economy and Finance of the Republic of Uzbekistan.

It is noted that according to the new provision, property tax for the city of Tashkent is 3 million sums (actually 2.5 million sums), for the city of Nukus and regional centres - 2 million sums (actually 1.5 million sums), for other cities and rural areas - 1.2 million sums (actually 1 million sums).

Powered by Froala Editor