2.3 billion som expected from tax revenues based on voluntary patent in 2020-2022 in Kyrgyzstan

AKIPRESS.COM - The expected level of special tax regimes for 2020-2022 was carried out in accordance with the Tax Code, the dynamics of income for previous years and estimates of income in 2019, according to the materials of the Ministry of Finance of Kyrgyzstan. The forecast tax rate on the basis of a mandatory patent for 2020-2022 is determined at 302.9 million soms annually. This type of tax is fully included in local budgets.
Tax revenues based on a voluntary patent for 2020-2022 are expected at the amount of 2 billion 325.3 million soms annually. In relation to GDP, the share of tax in 2020-2022 will amount to 0.3% of GDP. This type of tax is fully included in local budgets.