27.08.2018

T h e   t a x   f o r   s u b s o i l   e x t r a c t i n g   s o l i d   m i n e r a l s   i s   i n c r e a s e d  

The tax for subsoil extracting solid minerals is increased

On 23 July 2018 the President of Uzbekistan passed a Resolution No. PP-3879 and introduced new rates of royalty tax for subsoil users effective immediately as follows:

No.

Metal

New tax rate

Old tax rate

1.

Gold

32%

5%

2.

Silver

32%

8%

3.

Zinc

20%

4%

4.

Copper (refined)

30%

8.1%

Practice areas
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