DUSHANBE, August 16, 10212, Asia-Plus  -- A meeting of the board (Shuro) of Tajikistan’s lower house (Majlisi Namoyandagon) of parliament, presided over by the Majlisi Namoyandagon speaker, Shukurjon Zuhurov, will take place on August 17.

The meeting is expected to consider the new edition of the tax code, which is supposed to be introduced gradually from 2013 to 2017, the source said.

We will recall that the new edition of the tax code of Tajikistan offers reduction in the number of types of taxes by half -- from 21 to 10.  The new edition of the tax code, in particular, offers to reduce the number of republican taxes from 17 to 8 and the number of local taxes from four to two.

By government’s decree the Working (WG) for working out the new Tax Code was set up on May 18, 2011 and its members included representatives of the Ministries of Finance, Economic Development and Trade, Finance as well as the Customs Service, the Tax Committee, the State Committee for Investments and State-owned Property Management, the Association of Banks of Tajikistan and the National Association of Small and Medium-sized Enterprises of Tajikistan.