During a recent meeting held by the Chairman of the State Tax Service, Almambet Shykmamatov, issues concerning livestock exporters and farmers from the Jalal-Abad, Osh, and Batken regions were discussed.
The discussion focused on tax reassessments during the export of livestock and meat products to other countries.
Shykmamatov listened to the proposals and comments from business participants who voiced their problems.
Business representatives pointed out that the current situation is largely related to the lack of primary documents confirming the value of livestock for some exporters. This complicates tax audits and leads to the reassessment of profit tax on the total amount of sold products.
The State Tax Service previously adopted a law that allowed reducing the amount of reassessed tax to 20%. The remaining 80% and all penalties are subject to write-off.
However, businesspeople noted that even 20% of the total value remains a significant burden. If they had primary documents, the profit tax would be calculated based on the difference between the purchase and sale price and would amount to about 10%.
As a result of the meeting, Shykmamatov proposed to amend the legislation to reduce the amount of reassessed tax from 20% to 3% for livestock exporters.
This initiative received support from representatives of the business community.
Shykmamatov emphasized that the well-being of entrepreneurs is directly linked to the stability and sustainable development of the country's economy.
"The main task is to ensure legality, fair taxation, and order," he added.
The tax service will continue its efforts to improve tax administration and create conditions conducive to the development of entrepreneurship and export opportunities in the country.
