DUSHANBE, August 1, 2013, Asia-Plus — A July 30 government session endorsed the bill requiring amendments to Tajikistan’s tax code.
“Amendments will promote simplification of tax procedures for small and medium-sized enterprises,” Finance Minister, Safarali Najmiddinov, told journalists in Dushanbe on July 31.
According to him, barbers and hairdressers, as well as outworkers and some categories of handicraftsmen will have the right to get patent.
The amendments also concern dry-land farmers, who will now pay taxes only seven months, “because they cannot work in their lands the remaining five months.”
“More than 100 changes have been made to the tax code that was adopted in September 2012 and came into force on January 1, 2013,” Najmiddinov noted.
Investors investing in enhancement of the energy sector will pay only income and social taxes and will be exempted from paying other types o taxes.
Besides, domestic textile products manufacturers will be exempted from paying four types of taxes during the first twelve years since they are launched irrespective of forms of property, the minister noted.
We will recall that the Majlisi Namoyandagon (Tajikistan’s lower chamber of parliament) endorsed the new edition of the country’s tax code on September 5, 2012. The number of articles in the Tax Code of Tajikistan was reduced from 359 to 329 and the new Tax Code offers the considerable reduction in the number of types of taxes by half — from 21 to 10. Retail sales tax and highway use tax were abolished, while some types of taxes were unified.
For the purpose of supporting domestic producers the new tax code provides for exempting all the imported state-of-the-art equipment and technologies for production of commodities and services from paying value added tax (VAT) and customs duties.
