Kabar
On March 24, Shavkat Mirziyoyev signed a resolution (PQ-178) on the implementation of the project “Tax Administration Reform” with the participation of the World Bank, KunUz reported. In June last year, the World Bank’s board of directors decided to provide a $60 million loan to Uzbekistan for a period of 30 years, including a 5-year grace period. The funds will be disbursed through the International Development Association, which is part of the World Bank. The main objectives of the project for 2022-2027 (5 years) are:
• increasing the level of automation of tax calculation and payment to 90%;
• full coverage of business entities with e-services by increasing the number of e-services provided by tax authorities;
• increasing VAT collection to 75% due to full automation of VAT collection processes;
• halving the time spent by taxpayers on the preparation and submission of tax returns and the payment of taxes.
