Tajikistan and Uzbekistan are characterized by a heavy tax burden - rating shows

Beijing. January 18. Silkroadnews - Among the Central Asia countries Tajikistan and Uzbekistan are characterized by a heavy tax burden, 2017 rating of Paying Taxes, compiled by the World Bank Group and PricewaterhouseCoopers audit company says, the Tajik Telegraph Agency (TajikTA) reported on Thursday.
In particular, the rating shows, the lightest tax burden is observed in Kazakhstan and Kyrgyzstan, while Tajikistan and Uzbekistan are characterized by a heavy tax burden.
In Tajikistan, the total tax burden (the commercial profit percentage allocated to the underlying taxes at the medium-sized company) reached 65.2% in 2017. In 2015 the average reading for the region of Eastern Europe and Central Asia made 34.2%, with global index of 40.6%.
To compare, the total tax burden of Kazakhstan was 29.2%, Kyrgyzstan - 29%, Uzbekistan - 38.1%, and Russia - 47.4%.
Tajikistan is one of the world’s countries with heavy tax burden trailing only Argentina (106%), Bolivia (83.7%), Equatorial Guinea (79.4%), Palau (75.4%), Central America (73.3%), Mauritania 71.3%), Colombia (69.4%), Brazil (68.4%), Guinea (68.3%) and China (68%).
The leaders of the rating are Qatar, the United Arab Emirates, Canada and Singapore.