Uzbekistan sets new property tax rates for individuals
31/12/2013 14:57
Uzbekistan sets new property tax rates for individuals
31/12/2013 14:57
Tashkent, Uzbekistan (UzDaily.com) -- The Government of Uzbekistan set new rates of tax for property of individuals from 1 January 2014.
New rate of the tax was set in line with resolution of the President of Uzbekistan Islam Karimov “On forecast of main macroeconomic figures and parameters of State Budget of Uzbekistan for 2014”.
The rate of property tax for individuals rose from 1.04% from inventory cost of the property to 1.2%, excluding property located in cities with total area of over 200 square meters, cottages, garages, other buildings, premises and establishments.
The rate of tax for houses and flats, located in cities, with total area of over 200 and up to 500 square meters, grew from 1.25% to 1.4% and over 500 square meters – from 1.55% to 1.8%.
If there is no inventory cost of the object, the cost set at the size of 18.48 million soums for Tashkent city and regional centers. For other cities and rural areas, the cost is set at 8.03 million soums.
For new houses, which are not registered in set order, the property tax is equal to two-size of condition cost.
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$ 1 | 12697.00 | 0.000% |
1 | 13547.70 | 0.000% |
₽ 1 | 135.05 | 0.000% |