Shavkat Miziyoyev, President of the Republic of Uzbekistan by its resolutions dated 15 September 2020 no. 4826 and 4827 ratified Double Tax Agreement (DTA) with Japan and Amendments to DTA with South Korea. DTA with Japan was signed during Mirziyoyev’s official visit to Tokyo on 19 December 2019. DTA with South Korea was initially signed in 11 February 1998 and amended by Protocol signed on 19 April 2019 in Tashkent.
The new DTAs include provisions on: 1) business profit taxes; 2) the reduced taxation of investment income; 3) mutual agreement procedures; and 4) information exchange and anti-abuse measures.