Tax Benefits Granted to Oil and Gas Companies are Under Analysis

At the presentation by the Fiscal Analysis Institute, significant proposals regarding tax benefits were announced. Topics such as VAT, profit tax, and personal income tax are being analyzed. In particular, in 2022, tax rates for the use of land were lowered for private companies. As a result, the budget lost 2 trillion soums, and the volume of gas extraction has decreased instead of increasing. These issues, of course, are attracting public attention. The Fiscal Analysis Institute promised to closely examine this matter.