Uzbekistan, Finland sign protocol to double taxation avoidance agreement

Uzbekistan and Finland signed a protocol on amendments to the Uzbek-Finnish intergovernmental agreement on avoidance of double taxation and prevention of income tax evasion, the Uzbek foreign ministry’s statement posted on its website said.

Uzbekistan and Finland signed the agreement on the avoidance of double taxation and prevention of income tax evasion was signed in April 1998.

The current document was signed in Helsinki March 8, 2016 as part of the Uzbek delegation’s visit to Finland. The document was signed by Chairman of the State Tax Committee of Uzbekistan Botir Parpiev and Minister for Foreign Affairs of Finland Timo Soini.

The new regulations, meeting the international standards of tax transparency, are being included in the agreement in accordance with the protocol.