Navigating Tax Reforms: Lessons from Uzbekistan's Economic Journey

Abstract

This article provides an overview of tax systems in foreign countries, focusing on the evolution and reforms undertaken in Uzbekistan. It highlights the significance of tax policies in regulating market economies and influencing economic reforms. Drawing from the experiences of developed nations,
the article discusses various forms of taxes, principles of tax systems, and the role of taxes in economic development. Key aspects include the differentiation between direct and indirect taxes, tax rates, tax bases, and the implementation of tax reforms. Additionally, it explores challenges and goals in tax policy, such as reducing tax burdens, optimizing tax structures, and ensuring fairness in taxation. The article concludes with insights into the changing dynamics of tax systems worldwide and Uzbekistan's efforts to align its tax regime with international standards.