At the event, which was attended by heads and accountants of organizations and enterprises, business entities of the region, it was noted that the reforms implemented in accordance with the Action Strategy on five priority areas of development of the Republic of Uzbekistan in 2017-2021 to reduce tax burden, simplify tax system, improve tax administration, are giving significant results in development of national economy.

The Decree of the President of the country “On the concept of improving the tax policy of the Republic of Uzbekistan” of June 29, 2018 serves as an important guide to action in this direction.

This document outlined prospects of optimizing the number of taxes by their unification, as well as combining taxes that have a similar tax base, reducing and simplifying tax reporting, minimizing operating expenses by reducing the level of tax burden on the economy, as well as eliminating imbalances in the level of tax burden between economic entities paying taxes under generally established tax system.

According to preliminary estimates, in 2019, radical transformation in tax payments will leave 270 billion sums at the disposal of entrepreneurs and individuals. The work aimed at improving tax policy will serve as an important factor in improving investment attractiveness of the country, increasing real income of the population, ensuring their further wellbeing.

Participants of the workshop received answers to their questions. Proposals and recommendations were made for further improvement of tax policy, reducing tax burden.