Personal Income Tax / Exemptions

(Uzbekistan Tax News Reporter - 19 August 1996)

The department for Personal Income Taxation of the State Tax Committee of Uzbekistan clarified that, amongst other items, the following amounts are excluded from taxable income:

• amounts paid by enterprises, institutions, and organisations to their own employees or for them by way of complete or partial compensation for the cost of placing their children in health-improvement institutions or sanatoriums and for the cost of treatment of their own employees;
• amounts paid by enterprises, institutions and organisations for disabled persons as a matter of complete or partial compensation for the cost of services of health-improvement institutions and sanatoriums, the cost of medical treatment, acquisition of technical facilities for prevention of disability and for rehabilitation of the disable;
• pensions, as well as additional pension payments;
• cost of gifts (in kind) received from enterprises, institutions and organisations, limited to a maximum of three statutory minimum monthly wages;
• amounts of material aid limited to the statutory minimum monthly wage multiplied by three;
• amounts spent on acquisition of registered housing bonds and redemption of loans of "Tashzhilsberbank";
• other payments (according to the Instruction of State Tax Committee of Uzbekistan No. 33/24 dated 21 May 1993).

Clarification of the department of Personal Income Taxation of State Tax Committee of Uzbekistan NV/27, 4-10 July 1996

The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.

For further information contact David Simpson, Tax Manager, Tashkent office on tel: +750 2225 8600 or e-mail: David_Simpson@ru.coopers.com or enter a text search 'Coopers & Lybrand' and 'Business Monitor'.