Consideration of the draft law is postponed “For income tax” It was scheduled to start implementation on January 1, 2023.
Eduart Shalsi, the chairman of the Committee on Economy and Finance, said during the meeting that the review of the draft law will begin in the committee in January 2023, and its entry into force will be postponed to 2024.
The draft has been opposed by representatives of interest groups.
...
The Ministry of Finance and Economy earlier published the draft law “On Income Tax” published by the Ministry of Finance and Economy on public consultations, which provided that from January 1, 2023, the income of liberal professions would be taxed at 15 to 23%.
According to data from the Ministry of Finance, there are over 14,000 registered professions operating as sole proprietorships, which will be subject to progressive taxation. For other business categories, income tax is foreseen to remain unchanged until 2029.
Source: Monitor Magazine.
