Tajik tax authorities have decided to supplement the country’s budget through raising the state duty rate for entrepreneurs and collecting the rent from exporters of precious metals.
A letter addressed by the Tax Committee under the Government of Tajikistan to relevant ministries and agency, in particular, notes that an export rent has been established in the country. This rent will be collected from exporters of precious metals, minerals, metal concentrates and mining chemical feedstock.
Besides, it is proposed to raise the land tax rate.
The tax authorities justified this decision by saying that the land tax rates in neighboring countries are significantly higher than in Tajikistan.
The letter, in particular, notes that the land tax rate in Tashkent is 265 times higher than in Dushanbe.
Moreover, the Tax Committee proposes to raise the rate of state duty paid by entrepreneurs for doing business.
The tax authorities consider that fees paid by entrepreneurs for getting permit are insignificant compared to incomes they receive consequently.
They, in particular, propose to raise fee for permit for working in the field of telecommunications and raise the rate of fine for illegal entrepreneurial activity.
The tax authorities also propose to annul individual tax benefits that have been provide in recent years.
At the same time, they note the rate of social tax in Tajikistan is higher than in the neighboring countries, which to some extent becomes a reason for hiding real wages. Accordingly, the volumes of social tax and income tax are reduced.
The Tax Committee notes that reduction in the rate of social tax could lead to increase in the volume of tax revenues. Tax authorities propose to reduce the social tax rate from current 25 percent to 20 percent.
