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
Stay up to date with the latest legal news, publications and events:
