Tax Code sets out the legal framework governing taxation in the country. It defines the principles of the tax system, including legality, equity, transparency, and the obligation of all persons to pay taxes and compulsory payments. The Code establishes the roles and powers of tax authorities, the rights and obligations of taxpayers, and general rules for tax administration, such as registration, reporting, audits, and enforcement. It also outlines procedures for resolving disputes, appealing tax decisions, and ensuring compliance with tax legislation. A substantial portion of the Code details the different types of taxes and mandatory payments applicable in the national territory. These include major national taxes such as corporate income tax, personal income tax, value added tax (VAT), excise tax, and resource-related taxes, as well as property and land taxes. For each tax category, the Code specifies the taxpayers, taxable objects, tax base, rates, exemptions, and calculation methods. It also regulates special tax regimes designed for specific categories of taxpayers, such as small businesses, individual entrepreneurs, or participants in designated economic zones, providing simplified reporting and reduced rates under certain conditions. The Code further addresses procedural and administrative aspects of taxation, including deadlines for filing returns and paying taxes, rules on tax audits and inspections, liability for violations, and penalties for non-compliance. It introduces mechanisms for tax incentives, deferrals, and credits to support economic policy objectives. In addition, the document emphasizes digitalization and modernization of tax administration, including electronic filing and data exchange. Overall, the Tax Code serves as a comprehensive legal instrument governing the creation, calculation, collection, and enforcement of taxes, ensuring consistency and predictability in fiscal policy.
Узбекистан · 2019-12-30