The Tajikistan government has instructed to recognize the tax debt of the state-owned company "Sughdion" as hopeless and write it off. The corresponding resolution, published on the legal information portal of the Ministry of Justice, was adopted by the government on March 1, 2024.
The Tax Committee under the government is tasked with making the necessary changes to write off hopeless debts in the taxpayer's account.
In 2010, the 100% state-owned shares of "Sughdion" were transferred to the Agency for State Material Reserves by a government decree.
The exact activities of this enterprise are not specified.
The Agency for State Material Reserves was established by a government decree on December 30, 2007.
This agency is the central executive body that implements the state policy in the field of state reserves.
It is worth noting that the government periodically forgives or defers tax debts of companies in various schemes, in which it owns shares.
For example, recently, tax arrears amounting to $18.5 million of "Tajiktransgas," the sole shareholder of which is the government, were forgiven.
Debts of "Barki Tojik," of which the government owns the full package, are also periodically forgiven.
There have also been cases where the government has deferred the debts of enterprises owned by government agencies. Examples include "Tajiktelecom," which is subordinate to the Communications Service.
