Tax committee names large companies that did not live up to the hopes of tax officials

Asia-Plus

Speaking at the parliamentary discussions on the implementation of the country's state budget for the first nine months of this year, the deputy head of the Tax Committee, Nozim Melikzoda, noted on November 2 that a number of large companies have failed to fully meet the planned budget revenues over the first nine months of this year.

According to him, the Open Joint-Stock Company (OJSC) Tajik Aluminum Company (TALCO), OJSC   Tajiktelecom (Tajikistan’s national fixed-line telecommunications provider), Tajik-Sino Mining Co Ltd, Anzob Metallurgical Plant Limited Liability Company (LLC), OJSC TALCO Gold and mobile communications companies have failed to fully meet the planned budget revenues over the reporting period.

“Collectively, these companies have failed to ensure the planned tax revenues to the budget in a total amount of 349 million somonis (equivalent to about 32 million US dollars),” Melikzoda said, noting that “as in previous years, the main reason is their failure to meet forecast indicators.”  

According to him, total tax debts have risen 166 million somonis over the first nine months of this year, reaching 894.4 million somonis (equivalent to about 82 million US dollars).  

At the same time, Melikzoda noted that the tax collection plan set for January-September this year has been overfulfilled by 6.2 percent.  

Recall, in a report released at a news conference in Dushanbe on August 14 this year, Tajik chief tax officer Nusratullo Davlatzoda named the most incorrigible tax dodgers, namely OJSC Sangtudinskaya GES-1 – 94 million somonis; Talco Resurs (Talco Resource) – 39 million somonis; TBEA Dushanbe Mining LLC – 36.5 million somonis; OJSC NBO Roghun – 33.3 million somonis; and OJSC Tajiktelecom and its subsidiaries – 31.5 million somonis. 

A total tax debt of these four companies amounts to nearly 235 million somonis (equivalent to about 22 million US dollars).   

In Tajikistan, the taxable income of a resident at the main place of work in excess of the amount of personal deduction is taxed at a rate of 12%. Employment income of non-residents is taxable at 20%. Other taxable income is taxed at a rate of 15% without deductions, except for the social tax for the insured person. 

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