Tashkent, Uzbekistan (UzDaily.com) -- On 29 August 2020, the Resolution of the President of the Republic of Uzbekistan PP-4816 "On measures to support and improve the efficiency of the fishing industry" was signed.

According to the resolution, from 2020, the tax for the use of water resources for fish farms engaged in fish farming in artificial reservoirs is calculated at the rates established for irrigating agricultural land, based on the difference in the volume of water taken from the water body and returned water, the State Tax Committee reports.

For example,

From surface water sources, 100,000 m3 of water was used. The return water volume is 30,000 m3. The difference is 70,000 m3. According to the resolution, the tax for the use of water resources is charged only for 70 thousand m3 with exemption from taxation of 30 thousand m3 of returned water.

- When using surface water sources - the tax rate is 140 soums per 1 m3. Accordingly, 100-30 = 70. 70 * 140 = 9.8 million soums. Benefit 4.2 million soums.

- When using underground water sources - the tax rate is 170 soums per 1 m3. Accordingly, 100-30 = 70. 70 * 170 = 11.9 million soums. Benefit 5.1 million soums.

The resolution also established that used water resources taken from collector-drainage waters are not subject to taxation.

At the same time, the amount of water used to calculate the tax for the use of water resources for fish farms and agricultural enterprises is determined by organizations that are part of the Ministry of Water Resources.

The tax base for the use of water resources in the absence of the possibility of determining the actual volume of water consumption used by fish farms and agricultural enterprises is set at 50 percent of the established standards for water consumption.