Uzbekistan: tax on property of individuals goes up

The Uzbek government set new tax rates for property owned by individuals on January1, 2017 under the Presidential Decree ‘On forecasts for major macroeconomic indicators and parameters for state budget of the Republic of Uzbekistan for 2017′. The property tax (residential houses, flats, countryside houses, garages, and other premises) rose from 1.5% to 1.7%, except…

Uzbekistan to raise prices on alcohol

The minimum wholesale and retail prices on alcoholic beverages (except for beer) in Uzbekistan will be raised starting from January 1, 2017, according to a joint decision of the country’s Ministry of Finance and the State Tax Committee. The minimum wholesale wine price for producers will be increased from 4,500 to 5,400 Uzbek soums (UZS)…