Uzbekistan, Luxembourg Sign Protocol
On the invitation of the Ministry of Finance of the Grand Duchy of Luxembourg, Chairman of the State Tax Committee of the Republic of Uzbekistan, Botir Parpiev, visited the European country.
During the talks, the sides signed Protocol on Amendments to the Convention between the Republic of Uzbekistan and Luxembourg on avoiding double taxation and preventing evasion from taxes on income and capital. The document introduces new provisions in accordance with international standards of tax transparency.
A meeting took place during the visit with the leadership of the Luxembourg Chamber of Commerce, during which it was noted that today both sides have a unique opportunity to bring the bilateral turnover to a new level. The necessary legal framework (the Double Taxation Convention and the Investment Protection Agreement) is the guarantor for Luxembourg investors in business conduct in Uzbekistan.