Uzasbo Faktura – mandatory e-invoicing with real-time risk assessment pilot Uzbekistan is moving into a more advanced phase of electronic invoicing control, signalling a gradual shift from digital reporting toward data-driven, real-time tax risk management. A newly launched pilot risk-assessment system for electronic invoices builds
2025 tough VAT Requirements for non-EU taxpayers with VAT fiscal representatives Italy has published two new, stringent regulations affecting non-EU resident entities engaging in VAT activities through an Italian VAT representative. These changes, set out in two decrees issued on 4 December and 9 December
2025 e-commerce tax proposal: rise from 2% to 3% The Turnover Tax on e-commerce in Uzbekistan is under proposal to rise in 2025 from 2% to 3%. The tax is levied on e-commerce for goods and services, including marketplaces. The rise has been announced by
Reimbursements of VAT to restaurants, hotels and tour operators to tackle VAT fraud A new round of sectors will be offered VAT refunds in cases where they only accept electronic forms of payment with consumers. The announcement was made in Presidential Decree “On Measures to
Central Asian state follows example of Canada and others in offering less well off VAT refunds rather than untargeted reduced rates or exemptions Uzbekistan has introduced VAT credits on essentials supplies for low-income citizens rather than further VAT cuts or exemptions. Uzbekistan has cut VAT
President confirms second VAT rate cut in four years The President of the Central Asian state of Uzbekistan has reconfirmed a reduction of Value Added Tax from 15% to 12% next year. The ruling Liberal Democratic Party of Uzbekistan announced the reduction last year that
Sales tax introduced; VAT exemptions withdrawn The Central Asian state of Uzbekistan has introduced a 1% turnover tax from 1 April 2022 until 31 December 2024 for a range of sectors. It has also removed the VAT exemption on banking fixed-fee services. Shoe manufactures Retail
Second VAT rate cut in four years The ruling Liberal Democratic Party of Uzbekistan has moved to reduce the standard Value Added Tax rate to 12% from 1 January 2023. The current VAT rate in Uzbekistan is 15%. There is also a plan for a
