Dividend Earnings in Uzbekistan Will Be Free of Tax
OREANDA-NEWS On 25 February was announced, that there was registered new statute about tax exempts for dividend earnings, which determines the way of implementing tax benefits for the dividend earnings of the physical persons and companies.
According to the statute, starting from January 1 , 2009 till January 1, 2014 dividend earnings will be free of tax:
Physical persons – partners of the microfirms and small entities;
Legal entities (companies) – dividends which were used for capitalization, for investments and repayments of the old loans.
Those benefits will be implemented for all dividends, wich will be paid after the January 1, 2009 and till January 1, 2014, no matter for which period they were accrued.
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