Article 44. Special Procedure for Taxation

Within the territory of the Center, a special procedure for taxation applies, which is governed by the resolutions of the Center in accordance with this Constitutional Law.

The bodies and participants of the Center, as well as their employees, shall, in respect of income received by them within the framework of the special legal regime, be exempt from all taxes and fees established by the tax legislation of the Republic of Uzbekistan, save for those established in Article 46 of this Constitutional Law.

The provisions of this Chapter shall not apply to residents of information technology parks created within the territory of the Republic of Uzbekistan, or to taxpayers that have made use of tax incentives within the framework of a special regime.

Where there exists property, an act, the result of an act or a value, or other circumstances having a quantitative or physical characteristic, that constitute an object of taxation and have arisen outside the territory of the Center, the taxation thereof shall give rise to a tax obligation on the part of the participant of the Center in accordance with the resolutions of the Center.

For the purposes of taxation, the accounting of the income of participants of the Center derived within the territory of the Republic of Uzbekistan and outside it, including within the territory of the Center, shall be maintained separately, depending on the source from which it is derived.