A Carbon Tax May Be Implemented for Large Enterprises

The Fiscal Analysis Institute has proposed the introduction of a carbon tax for large industrial enterprises in Uzbekistan starting in 2028. The new tax will cover companies that emit greenhouse gases and is initially planned to be applied to the largest sources of emissions. However, experts emphasize the need for the establishment of clear standards for waste reduction before the implementation of this tax. This news signifies an intention to strengthen approaches to ecological issues. Additionally, the new tax system is expected to be economically significant.