PRESIDENTIAL DECREE OF THE REPUBLIC OF UZBEKISTAN

of December 3, 2020 No. UP-6121

About further enhancement of resource taxes and the property tax

For the purpose of further enhancement of the taxation of property and the parcels of land, implementation of modern methods of their assessment and accounting, increase in efficiency of use of land and water resources, the extracted minerals from subsoil, and also further increase in independence of public authorities on places:

1. Agree with the offer of the Cabinet of Ministers on introduction since January 1, 2021 about according to which:

The Jokargi Kenes of the Republic of Karakalpakstan and Kengasha of People's Deputies of areas is established by rates of the land tax for lands of nonagricultural appointment by areas and the cities depending on their economic development on the basis of the rates determined by the Tax code using the lowering and raising coefficients from 0,5 to 2,0;

Kengasha of People's Deputies of areas and the cities have the right to enter the lowering and raising coefficients in the amount of 0,7 to 3,0 to the rates of the land tax for lands of nonagricultural appointment established by the Jokargi Kenes of the Republic of Karakalpakstan and Kengashami of People's Deputies of areas, and on the city of Tashkent - to the rates determined by the Tax code by quarter, array, waved, the streets located in their territory.

2. To the Ministry of Finance (T. A. Ishmetov) by preparation of the bill on modification and amendments to provide rates of the land tax by regions of the republic in the Tax code. At the same time for the purpose of non-admission of sharp growth of tax burden in 2021 to determine that:

the amount of the land tax levied from physical persons (except for individual entrepreneurs), shall not exceed tax amount, added in 2020, more than in time 1,3;

the tax amount on property of physical persons estimated based on the cadastral cost determined in 2018 cannot exceed tax amount, added for 2020, more than in time 1,3.

3. Approve the main directions of tax policy developed by the Ministry of Finance regarding enhancement of resource taxes and the property tax in 2021 providing:

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