Uzbekistan Signs OECD and Council of Europe Tax Convention

Tashkent, Uzbekistan (UzDaily.uz) — The Republic of Uzbekistan has signed the OECD and Council of Europe Convention on Mutual Administrative Assistance in Tax Matters (MAAC). The signing ceremony took place on 15 July 2026 at OECD headquarters in Paris, according to the Tax Committee.

Ambassador Extraordinary and Plenipotentiary of Uzbekistan to France Nodir Ganiev signed the document on behalf of Uzbekistan. Fabrizia Lapecorella, Deputy Secretary-General of the OECD, also attended the ceremony.

The Tax Committee noted that accession to the Convention resulted from years of effort to align national legislation with international standards.

As part of preparations, specialists conducted a legislative review, agreed upon the required document package, organized engagement with OECD experts and member states, and completed necessary legal and organizational procedures. Following these steps, member states invited Uzbekistan to join the document in accordance with Article 28.

Currently, the Tax Committee is undergoing a Peer Review by the OECD Global Forum on Transparency and Exchange of Information for Tax Purposes. The agency stated that joining MAAC strengthens the country's position within this assessment and reaffirms its commitment to international tax transparency standards.

The MAAC Convention brings together more than 150 countries and jurisdictions, providing a legal framework for various forms of administrative assistance in tax matters without requiring separate bilateral agreements.

Uzbekistan currently exchanges tax information with 55 states under bilateral double taxation avoidance agreements. Once domestic procedures are completed and the Convention enters into force—expected on 1 January 2027—the scope of such cooperation is set to expand significantly.

Participation in the Convention is expected to bolster efforts against overseas income and asset concealment, tax fraud, illicit profit shifting, money laundering, and corruption. Additionally, the document creates a legal framework for implementing automatic exchange of financial account information (CRS), crypto-assets (CARF), country-by-country reporting (CbCR), and other international standards developed under the BEPS initiative.

The Tax Committee also highlighted that joining MAAC will contribute to growing tax revenues through international information-sharing mechanisms, boost investment attractiveness by adhering to global transparency standards, and protect taxpayers' rights through unified confidentiality standards.

The agency stated it will continue work to implement the Convention, prepare for international tax information exchange, and further refine tax administration in line with international practice.