New tax rates were set in line with the presidential resolution “On forecast of main macroeconomic figures and parameters of the State Budget of Uzbekistan for 2011”.

The resolution envisages indexing of separate rates of excise taxes for alcohol drinks, beer, alcohol, tobacco products in average by 22%.

From 1 January 2011, the excise tax for ethyl alcohol makes up 2,291 soums per decilitre (US$1 is equal to 1,640.55 soums) and for wines – 4,744 soums for 1 decilitre of ready product.

Excise taxes for cognac, vodka and other alcohol products were set at the size of 18,965 soums per 1 decilitre of ready product, while for beer it is set at 2,156 soums per 1 decilitre.

For cognac, vodka and other alcohol products, containing ethyl alcohol higher than 40%, excise taxes are set at the size of 31,236 soums per 1 decilitre of ready product.

The Uzbek government also established new rates of excise taxes for cigarettes with filters at the size of 8,949 soums for 1,000 units and for cigarettes without filters – 4,319 soums for 1,000 units.