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SECTION NEWS

Land tax in Kyrgyzstan may increase 100 times

20/01/17 10:56, Bishkek – 24.kg news agency, by Tatyana KUDRYAVTSEVA

Due to changes in calculating land tax mechanism, its rate in Kyrgyzstan can grow 100 times. Chairperson of the Association of Suppliers and Distributors Gulnara Uskenbaeva told 24.kg news agency.

In the new edition of the Tax Code, which is currently being discussed by the business community, the land tax rate, depending on the area and type of use, could increase 10-100 times.

"The same type of calculation of land tax is used as for ordinary citizens so for entrepreneurs," Gulnara Uskenbaeva told.

For example, a coefficient of land use and the inflation rate was introduced. The expert believes that small, medium sized businesses and the public do not need them. 

"They have created a field for maneuvers for themselves and constantly refer to the fact that it is difficult to understand. But it should not be. When you possess something, you must know exactly how to calculate the tax that you have to pay. There should be a complicated formula for large and complex business. Payment should be simple for small and medium-sized businesses and public. Officials should not shift their problems to others. We can say that they veiled increase in taxes by their amendments," Gulnara Uskenbaeva stressed.


URL: http://eng.24.kg/parliament/170115-news24.html
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Exchange rate from 4 February
National Bank of Kyrgyz Republic
USD 69.4463
EUR 74.6131
RUB 1.1708
KZT 0.2156
UZS 0.0212
Weighted average exchange rate of som on February 3
USD 69.4300


Weather forecast
05.02.2017
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Talas
-17...-14 -13...-7
Jalal-Abad
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Osh
-16...-9 -8...-4
Batken
-12...-8 -8...-3
Naryn
-27...-24 -19...-12
Cholpon-Ata
-27...-20 -14...-11


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«When we ran in the elections, we said that would even get the moon and the sun from the sky ».
MP Kamchybek Joldoshbayev at a meeting of Parliament, February 2, 2017.

«What have you done besides sale of donkeys to China?».
Deputy Ryskeldi Mombekov to the head of State Inspectorate for Veterinary and Phytosanitary Safety Kalysbek Zhumakanov at a meeting of Parliament, February 1, 2017.
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