Uzbekistan: Tax relief measures (COVID-19)

Uzbekistan: Tax relief measures (COVID-19)

The Ministry of Finance on 6 April 2020 announce certain tax relief measures in response to the coronavirus (COVID-19) pandemic.

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The tax relief generally is aimed at small and medium size enterprises and individual entrepreneurs, and includes the following:

  • Funds received by business entities in the form of interest-free financial assistance will not be subject to income tax.
  • Annual audits of certain taxpayers are postponed.
  • There is a moratorium on initiating or declaring bankruptcy by enterprises faced with financial difficulties.
  • A planned increase in the rates of excise tax on gasoline, diesel fuel, and alcohol and alcohol products is canceled.
  • The rate of customs duty and excise tax on “primary goods” (generally food products and hygiene products) is assigned zero percent (0%).


For more information, contact KPMG’s Global Head of International Tax:

Rodney Lawrence | +1 (312) 665 5137 | rlawrence@kpmg.com

The KPMG name and logo are trademarks used under license by the independent member firms of the KPMG global organization. KPMG International Limited is a private English company limited by guarantee and does not provide services to clients. No member firm has any authority to obligate or bind KPMG International or any other member firm vis-à-vis third parties, nor does KPMG International have any such authority to obligate or bind any member firm. The information contained herein is of a general nature and is not intended to address the circumstances of any particular individual or entity. Although we endeavor to provide accurate and timely information, there can be no guarantee that such information is accurate as of the date it is received or that it will continue to be accurate in the future. No one should act on such information without appropriate professional advice after a thorough examination of the particular situation. For more information, contact KPMG's Federal Tax Legislative and Regulatory Services Group at: + 1 202 533 4366, 1801 K Street NW, Washington, DC 20006.

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