TAJIK PARLIAMENT PASSES TAX, CUSTOMS CODES
Published:
5 November 2004 y., Friday
Tajikistan's Majlisi Namoyandagon (lower chamber of parliament) passed a new Tax Code and Customs Code on 3 November. The new Tax Code introduces a two-tier income tax with rates of 8 percent for those who earn less than 100 somonis a month ($36), and 13 percent for those who earn more, Avesta reported.
Tax Minister Ghulom Boboev told the news agency that the tax code has been simplified and improved. "Agricultural producers will pay a single land tax instead of six-seven taxes," he said. "Rates have been reduced for income taxes and tax on profit. There are incentives for foreign and domestic investors." But economist Hojimuhammad Umarov told RFE/RL's Tajik Service that high rates in the new code will force businesses to conceal revenues, leading to increased corruption.
Šaltinis:
RFE/RL's Tajik Service
Copying, publishing, announcing any information from the News.lt portal without written permission of News.lt editorial office is prohibited.
The most popular articles
The EBRD is supporting the modernisation of transport infrastructure in Serbia with a €150 million sovereign loan to finalise the construction of a new motorway section along the strategic Corridor X.
more »
The Executive Board of the International Monetary Fund (IMF) today completed the first review of Romania’s economic performance under a program supported by a 24-month Stand-By Arrangement (SBA).
more »
The Executive Board of the International Monetary Fund (IMF) today approved a three-year, SDR 13.57 million (about US$21.5 million) arrangement under the Poverty Reduction and Growth Facility (PRGF) for the Union of the Comoros.
more »
The Executive Board of the International Monetary Fund (IMF) today completed the second review of Mongolia's economic performance under a program supported by an 18-month Stand-By Arrangement (SBA).
more »
Parex banka has established a subsidiary, SIA NIF (“Nekustamo īpašumu fonds”, or “Real Estate Fund”), which will professionally manage assets that are not related to the Bank’s core business.
more »
In his address at the Lithuanian-Belarusian Business Forum “Belarus and Baltic States: new prospects for cooperation”, Prime Minister Andrius Kubilius has pointed out that Lithuania sees Belarus as creating its future in Europe...
more »
JDRF Employs VoIP and Web-Based Video Collaboration Enabled by Cisco for More Effective Teamwork Among Employees and Constituents.
more »
On 16 September 2009, AB Bank SNORAS group finished the transaction during which it purchased from AB “Invalda” with its own funds 100 per cent of the shares of AB “Finasta įmonių finansai”, managing AB Bank “Finasta”.
more »
Federal Reserve Chairman Ben Bernanke that the worst U.S. recession since the Great Depression was probably over, but the recovery will take time.
more »
Growth expected to return in the second half of 2009. Forecasts are still uncertain but fears of a severe, prolonged recession are fading.
more »