To ensure the implementation of this task, the Ministry of Finance has developed a draft Law of the Republic of Uzbekistan “On amendments and additions to Article 75 of the Tax Code of the Republic of Uzbekistan”. In accordance with it, from July 1, 2022, a procedure is introduced into Article 483 of the Tax Code providing for the payment by taxpayers who have benefits in the form of a complete exemption from paying property tax and land tax in accordance with decisions of the President and the Cabinet of Ministers of the Republic of Uzbekistan, 1% of these tax amounts.

As a result of the adoption of the bill, the cadastral authorities will ensure the registration of real estate and land plots, including those owned by individual legal entities that are granted full benefits for property and land taxes and who have not issued cadastral documents.

Today, in accordance with Article 483 of the Tax Code of the Republic of Uzbekistan, as well as decrees and resolutions of the President and resolutions of the Cabinet of Ministers of the Republic of Uzbekistan, the following benefits apply:

- 5,787 enterprises have property tax benefits for legal entities in the amount of 581.5 billion soums;
- 2,439 enterprises have land tax benefits from legal entities in the amount of 433.5 billion soums. 

The draft, in the prescribed manner, is posted on the Portal for discussing draft normative-legal acts (regulation.gov.uz ID 56142).