Why is this important
The digitalization of tax administration, including electronic invoices, online cash registers, marking, and cashback, has allowed for the emergence of up to 20% of the economy from the shadows. The growing trade turnover and the growth of revenues from key taxes strengthen the fiscal stability of the budget.
Numbers and facts
- Trade turnover of enterprises in the regions — 737 trillion soums (+42%)
- The turnover of 26.8 thousand companies doubled (to 18.9 trillion soums).
- 24.3 thousand new enterprises showed a turnover of 93.4 trillion soums.
Main taxes:
- Income tax — 35.4 trillion soums
- VAT — 32.5 trillion soums
- Personal Income Tax — 30.3 trillion soums (+19%)
- Subsoil tax — 16 trillion (+24%)
- Excise taxes — 14.4 trillion (+14%)
- State duties, fees, fines — 13.8 trillion (+30%)
Other taxes:
- Land — 7.2 trillion
- Property — 6 trillion
- From turnover — 2.4 trillion
- For water resources and others — 0.7 trillion
Context
The average growth of tax collections by region is 27%, in the III quarter — 30%. Leading regions in terms of growth: Navoi region (86%), Fergana (39%), Tashkent (33%), Syrdarya (32%).
Employment legalization:
- In 14.5 thousand enterprises, the staff increased to 255 thousand employees.
- 17.8 thousand previously “empty” companies showed 96.1 thousand employees.
What’s next
Starting from 2026, an ESF risk assessment system will be launched, assigning a risk level (red or green) to each account. The goal is to increase transaction transparency and reduce tax abuses.