These and other changes in the sphere were discussed at the press conference, held at the Information and Mass Communications Agency under the Administration of the President of the Republic of Uzbekistan.

Deputy Chairman of the State Tax Committee Fazliddin Umarov gave information about the reforms proposed to streamline tax benefits and tariffs to be canceled from 2020.

As noted, phased changes in the sphere were enacted on January 1, 2019. According to them, some types of taxes are combined, and some are canceled.

As noted, if there were 380 norms in the Tax Code that was valid until January 1, 2020, then the Tax Code in a new version has 301. In addition, five types of norms and benefits related to social security have been introduced.

Based on the Decree of the President of the country “On measures of further streamlining the provision of tax and customs benefits” of June 27, 2019, VAT privileges in agriculture, construction, trade, import and others, as well as individual privileges in the automotive industry, have been canceled.

The norms and benefits in the Tax Code of new edition were considered at the press conference.