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WG works out new tax code of Tajikistan

DUSHANBE, July 23, 2011, Asia-Plus  — The Tax Committee deputy head Ayubjon Soliyev told reporters on July 22 that the working group set up to work out a new tax code is currently discussing the concept of elaboration of the new edition of the country’s tax code.

According to him, the Ministry of Finance and the Tax Committee recently submitted a draft short-term concept of tax policy for consideration to the Government.  “The new tax code will be based on this concept,” Soliyev said.

We will recall that by government’s decree the Working (WG) for working out the new Tax Code was set up on May 18 and its members include representatives of the Ministries of Finance, Economic Development and Trade, Finance as well as the Customs Service, the Tax Committee, the State Committee for Investments and State-owned Property Management, the Association of Banks of Tajikistan and the National Association of Small and Medium-sized Enterprises of Tajikistan.

The first meeting of the Working Group, presided over by Deputy Finance Minister Jamshed Norinov, took place on May 21.  The meeting endorsed operating schedules, duties of the WG members and discussed a number of other organizing issues.

In his annual address to Parliament, President Emomali Rahmon ordered the Government to prepare the new draft tax code before the second half of 2012.

Current tax code that was adopted in 2005 has been repeatedly criticized by international organizations and local entrepreneurs and experts.  

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