The new procedure for collecting tax debts will come into effect from 2026.

Анна Федорова Economy
VK X OK WhatsApp Telegram
Starting from January 1, 2026, important changes will come into effect in the Tax Code of Kyrgyzstan. This was announced by Nurbek Ismail uulu, head of the Tax Policy Department of the Ministry of Economy and Commerce, during a broadcast on Radio Sputnik.

As part of these changes, a new mechanism for collecting tax arrears will be introduced, and the cancellation of debts accumulated before January 1, 2022, will be provided.

For taxpayers operating under the simplified tax system, the turnover threshold will be raised to 50 million soms. Additionally, the patent system for trade will be reinstated, and the rates of the simplified tax for jewelry manufacturers will be set at 0.25 percent.

The unified tax declaration for individuals will also be abolished, and the debt for transport tax will be written off.

These changes were previously signed by the president of the country.
VK X OK WhatsApp Telegram

Read also:

Write a comment: