As of October 1, 2021, accounts payables of Tajikistan’s enterprises and organizations amounted to more than 60 billion somonis (equivalent to 5.3 billion U.S. dollars), which is 28 billion somonis (equivalent to 2.5 billion U.S. dollars) fewer than at the beginning of this year, according to the Agency for Statistics under the President of Tajikistan.
As of January 1, 2021, a total debt of the country’s enterprises and organizations reportedly amounted to 88.3 billion somonis (equivalent to 7.8 billion U.S. dollars).
It is to be noted that some of the debts were reduced by the trivial write-off of tax liabilities of a number of state-run enterprises and joint-stock companies.
Thus, the Government issued a number of regulations in June to write off tax debts of some taxpayers and grant deferral of tax payments to others.
According to government’s regulation posted on the Justice Ministry’s legal information portal, Open Joint-Stock Company (OJSC) Tajiktelecom (Tajikistan’s national fixed-line telecommunications provider), which is subordinate to the Communications Service under the Government of Tajikistan, is exempted from paying back tax debts.
Under this regulation, the Government writes off Tajiktelecom’s 11 million somonis (equivalent to about 1 million U.S. dollars) tax debt, including about 5.5 million somonis in tax arrears and more than 5.5 million somonis in fines and default interest.
In a report released at a news conference in Dushanbe, Tajik chief tax officer Nusratullo Davlatzoda noted on February 18, 2021 that OJSC) Tajiktelecom is among the most incorrigible tax dodgers. According to him, Tajiktelecom’s tax debt amounts to 86 million somonis (equivalent to 7.6 million U.S. dollars).
In January, the same unpopular practice was used for reduction of debt of Barqi Tojik (Tajikistan’s national power utility company) to OJSC Sangtudinskaya GES-1, which operates the Sangtuda-1 hydroelectric power plant in Tajikistan.
