Uzbekistan improves its position in PwC's 'Paying Taxes 2019' rating
Baku, Azerbaijan, Dec. 26
By Fikret Dolukhanov – Trend:
Uzbekistan ranked 64th in the Paying Taxes 2019 rating, 14 positions up from the last year’s results, Trend reports on Dec. 26 referring to the report prepared by experts of PwC consulting network in cooperation with the World Bank.
The total tax rate of Uzbekistan is 32.1 percent. The figure indicated the share of taxes and contributions to the company's profits.
Hong Kong leads the list of 211 countries, with Venezuela being on the last spot.
Russia is on the 53rd place, Kazakhstan – on the 56th, Armenia – on the 82nd, Tajikistan – on the 136th, Kyrgyzstan – on the 150th.
The report takes into account a number of indicators in the tax sphere, such as the number of payments per year, the time required to comply with tax laws, the application of the VAT system.
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