President signed Law on tax consulting

Tashkent, Uzbekistan (UzDaily.com) -- The President signed Law on tax consulting activities. The Law of from 21 September 2006 “On Tax Consulting” was declared invalid.

The newly adopted law contains some differences from the previous one, which are as follows:

the new law contains definitions of the concepts used in it. These are: qualification certificate; tax consulting activities; conclusion on tax consulting; applicant;

in the previous law, three principles of tax consulting were enshrined - the rule of law, independence and confidentiality. The new law contains principles such as legality, independence, professional competence and confidentiality. It also reveals the essence of each of them;

a wider list of services related to tax consulting services has been established, as well as a list of those services that do not belong to this area;

the authorized body for tax consulting was determined - the Ministry of Finance. The Law from 21 September 2006 No. ZRU-55 established that the authorized body is determined by the Cabinet of Ministers;

the new law contains the concept of "Chamber of tax consultants".

The norms about its main tasks and functions, as well as the “Expert Council” included in its composition, are defined;

the new law expands the qualification requirements for the applicant. Now applicants who have graduated from a higher educational organization with a degree in taxes and taxation are allowed to take a qualifying exam if they have at least two years of work experience in the specialty. Also, applicants who have at least three years of work experience in the tax authorities and an auditor’s certificate undergo an abbreviated course for the preparation of tax consultants;

the newly adopted law provides that the applicant must apply to the Chamber of Tax Advisers with an application for admission to the qualification exam. At the same time, the procedure for submitting an application for passing a qualification exam, its holding is approved by the Chamber of Tax Consultants. The previous law provided that the applicant must apply to the authorized body, but it does not establish which body is considered authorized.

The document is published in the National Database of Legislation and comes into force on 5 November 2022.