Ministry of Economy of Kyrgyzstan has agreed to revise the country’s Tax Code after criticism of businessmen.
Minister of Economy Arzybek Kozhoshev said that the Tax Code had technical errors. In 2015, a group was formed, which worked on a new version of the Tax Code.
The Ministry of Economy noted that the current version of the Tax Code was not a dogma. It will be reviewed, taking into account public opinion.
“I met with representatives of business associations several times. They made comments on the lack of Regulatory Impact Assessments on the bill. There are divergent views on the project. On January 25, we decided to create a group to study the new edition of the Tax Code. It includes 20 representatives of business associations. We will do a reboot, work with entrepreneurs in a new way. Nobody is in a hurry. There is no goal to adopt the Tax Code at a certain time,” Arzybek Kozhoshev said. (24.kg/Business World Magazine)