Uzbekistan

Government to enforce income tax for artists starting in 2027

Many artists have not fully declared their income, preventing the collection of taxes, according to officials.

Under current regulations, artists and singers are required to file income declarations and pay taxes accordingly. However, many fail to comply, leaving their earnings undeclared, according to Mubin Mirzayev, First Deputy Chairman of the Tax Committee.

To address this issue, the government is preparing a draft resolution as part of efforts to combat the shadow economy. Artists will be given time in 2025 and 2026 to correct and submit accurate income declarations.

From January 1, 2027, those who fail to fully disclose their income or evade taxes will face tax audits, and unpaid taxes will be calculated and collected.

This move is aimed at increasing transparency and accountability among artists and ensuring that they contribute their fair share to the country’s tax revenue. By cracking down on tax evasion in the arts sector, the government hopes to strengthen the overall tax system and promote financial integrity.

 

Hostinger

Pools Plus Cyprus

This message was taken from this source and rewritten by artificial intelligence.

Related Articles

Leave a Reply

Your email address will not be published. Required fields are marked *

Back to top button