Uzbekistan Doing Business 2020

The VAT refund process:
- An error in calculation of income tax liability (for example, use of incorrect tax depreciation rates,
or incorrectly treating an expense as tax deductible) leads to an incorrect income tax return and a
corporate income tax underpayment. TaxpayerCo. discovered the error and voluntarily notified the
tax authority. The value of the underpaid income tax liability is 5% of the corporate income tax
liability due. TaxpayerCo. submits corrected information after the deadline for submitting the annual
tax return, but within the tax assessment period.
The corporate income tax audit process:
Uzbekistan
Doing Business 2020
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Paying Taxes - Uzbekistan
Figure – Paying Taxes in Uzbekistan – Score
Payments
90.0
Time
79.6
Total tax and contribution rate
92.3
Postfiling index
48.2
Figure – Paying Taxes in Uzbekistan and comparator economies – Ranking and Score
DB 2020 Paying Taxes Score
0
100
85.2: Moldova (Rank: 33)
80.5: Russian Federation (Rank: 58)
78.2: Kazakhstan (Rank: 64)
77.9: Regional Average (Europe & Central Asia)
77.5: Uzbekistan (Rank: 69)
67.2: Kyrgyz Republic (Rank: 117)
Note: The ranking of economies on the ease of paying taxes is determined by sorting their scores for paying taxes. These scores are the simple average of the scores for
each of the component indicators, with a threshold and a nonlinear transformation applied to one of the component indicators, the total tax and contribution rate. The
threshold is defined as the total tax and contribution rate at the 15th percentile of the overall distribution for all years included in the analysis up to and including Doing
Business 2015, which is 26.1%. All economies with a total tax and contribution rate below this threshold receive the same score as the economy at the threshold.