Өзбекстан крипто секторунан 300,000 XNUMX доллардан ашык акча чогултат - Салыктарды Bitcoin News

While operations with digital assets are not taxed in Uzbekistan, the government is receiving a growing amount of revenues from the industry. The increase in budget receipts has been attributed to the licensing regime and the introduction of fees for crypto companies.

Crypto Exchange in Uzbekistan Pays Over $10,000 a Month to the State Coffer

Licensed crypto firms have paid 3.5 billion Uzbekistani som (more than $310,000) to the budget in the course of 2022, Uzbekistan’s regulatory authority responsible for the oversight in the sector revealed during a press conference, quoted by the crypto news outlet Forklog.

боюнча маалыматтык чогулуш, the National Agency of Perspective Projects (NAPP), a body subordinated to the president, announced the results of its activities. Officials said that the government has been able to collect the money thanks to the revamped licensing system and the imposing of fees for businesses working with digital assets.

Five crypto platforms are currently ыйгарым укуктуу to legally operate in the country and they have paid the said total. These are the state-controlled exchange Uznex and four smaller exchanges – Crypto Trade NET, Crypto Market, Crypto Express, and Coinpay.

Since October, crypto service providers in Uzbekistan are required to pay fixed ай сайынкы төлөмдөр for their activities. These range between over $10,000 for cryptocurrency exchanges like Uznex and around $500 for the smaller trading platforms, also referred to as “crypto shops.”

At the same time, operations of individuals and organizations related to crypto transactions are subject to taxation in the Central Asian nation, even when carried out by non-residents and companies based in other jurisdictions, according to the current law.

However, the government in Tashkent has previously эскертүү Uzbekistan’s citizens to avoid unlicensed exchange services. In August 2022, it tried to кирүүнү чектөө to online trading sites based outside the country. Uzbekistanis were жол to buy and sell coins on domestic exchanges in November, 2021.

The NAPP also noted that 80% of the fees paid by the licensed crypto firms go to the state budget, while the remaining 20% are transferred to its own accounts. In late June, 2022, the agency берилген registration requirements for miners who are relieved from taxation as well. Cryptocurrencies, mining and trading were regulated with a presidential decree берилген two months earlier.

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Do you think Uzbekistan will start taxing crypto companies in the future? Share your expectations in the comments section below.

Любомир Tassev

Любомир Тасев – технологияны жакшы билген Чыгыш Европадан келген журналист, Хитченстин: “Жазуучу болуу – мен эмне кылам, мен эмне болсом, ошону жакшы көрөм”. Крипто, блокчейн жана финтехтен тышкары, эл аралык саясат жана экономика дагы эки илхам булагы болуп саналат.




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Source: https://news.bitcoin.com/uzbekistan-collects-over-300000-from-crypto-sector/