How is the property tax for individuals calculated?
How is the property tax for individuals calculated in Tashkent? Where to find current tax rates. Who is eligible for tax benefits. How to report your property to the tax authorities?
1. Who is obliged to pay property tax for individuals?
The obligation to pay property tax for individuals arises for the citizens of Uzbekistan who own real estate within the country.
2. How is the property tax for individuals calculated in Tashkent?
The property tax for individuals in Uzbekistan is calculated based on the cadastral value of the real estate. Tax rates may vary depending on the type of property and its location.
3. Who is eligible for benefits on property tax for individuals?
Certain categories of citizens are eligible for property tax benefits, such as large families, war veterans, and persons with disabilities. The legislation provides a range of benefits that can reduce the tax burden.
4. When should an application for benefits be submitted?
Applications for property tax benefits must be submitted to the tax inspection within the deadline established by law in order for the benefits to be considered in the calculation of the tax for the current tax period.
5. Is it necessary to report your property to the tax authorities independently?
Individuals are required to notify the tax authorities of their property if it has been acquired or if there are changes in the ownership rights to the property. Failure to notify may result in penalties.
6. How is the tax paid?
Property tax is paid through banks or special online platforms provided for this purpose. The tax amount and payment details can be found on the website of the State Tax Committee of Uzbekistan.