International double tax treaties

Double tax treaties concluded between Uzbekistan and a foreign state may establish reduced tax rates and other tax preferences (benefits).

The purpose of such tax treaties is to minimize double taxation of certain types of income in a situation where the same income or capital of a taxpayer is subject to taxation in two countries. By applying tax treaties, taxpayers have a legal right not to pay tax in one of the countries or to use reduced tax rates.

Double tax treaties provide tax preferences for the residents of a foreign state engaged in business in the territory of Uzbekistan as well as residents of Uzbekistan.

Tax preferences do not apply to a resident of a foreign state if such resident uses the provisions of a tax treaty in the interests of another person who is not a tax resident of the state with which the tax treaty was concluded.

According to the Tax Committee, Uzbekistan has signed more than 50 double tax treaties with foreign countries. These countries are listed below.

Europe

Austria, Belarus, Belgium, Bulgaria, Great Britain, Hungary, Germany, Greece, Georgia, Israel, Ireland, Spain, Italy, Canada, Latvia, Lithuania, Luxembourg, Moldova, Netherlands, Poland, Russia, Romania, Slovakia, Slovenia, Turkey, Ukraine, Finland, France, Czech Republic, Switzerland, Estonia.

Asia

Azerbaijan, Bahrain, Vietnam, India, Indonesia, Iran, Jordan, Kazakhstan, China, Korea, Kuwait, Kyrgyzstan, Malaysia, UAE, Oman, Pakistan, Saudi Arabia, Singapore, Tajikistan, Thailand, Turkmenistan, Japan.