The tax legislation of Uzbekistan includes transfer pricing (TP) provisions that require taxpayers to determine their tax liabilities relating to transactions, subject to the TP control, based on arm’s length prices.
TP regulations impose certain obligations on taxpayers, one of which is the annual submission of notifications on controlled transactions (TP notifications).
TP notification is to be submitted in the prescribed form not later than the deadline for submitting the annual financial statements, generally by February 15th (by March 25th for companies with foreign investments).