Abdullayev Zafarbek Safibullaevich
Dsc Independent researcher, PhD Tashkent State University of Economics,
Tashkent, Uzbekistan
ORCID: 0000-8965-8896-1404
JEL Classification: M4, M42
Abstract: The article is devoted to the analysis of the state of taxation of economic entities in the field of tourism in Uzbekistan. The work considers the main aspects of tax policy that affect the development of the tourism industry, and also reveals the main problems and challenges facing tax authorities and entrepreneurs. Current tax elements applied to travel companies are analyzed, including Value-Added Tax, Excise Tax, and local fees. Examples of successful practices from other countries are being considered, as well as opportunities to improve tax legislation in Uzbekistan. The article also highlights the importance of a balanced tax policy that promotes the growth of the tourism sector and ensures the sustainable development of the country’s economy. In conclusion, in order to increase the competitiveness of Uzbekistan as a tourist destination, recommendations for improving taxation in the field of tourism are formulated. Analysis of international tourism and its importance in the world economy shows that the tourism network has a number of dominant aspects in ensuring macroeconomic stability, effectively addressing socio-economic development issues. Despite the fact that scientific and practical research is being carried out on improving the taxation system and optimizing the tax burden on taxpayers in modern conditions, the collected tax revenues will not be fully reinvested in tourism, and in the future the system will focus on the expansion of tax types, including the development of tax potential of regions by industry. Despite the scientific research work carried out within the framework of the reduction of the tax burden of the subjects of the tourism industry and the scientific and theoretical research carried out, in the same conditions, the issues of development of the modern system and mechanisms of taxation of subjects of tourist activity in the economy have not been fully studied in a comprehensive and systematic way. This situation determines the level of relevance of the proposals and recommendations developed in the research work on the research and practical problems, their elimination.
Key words: tourism industry, tourism entities, tax burden.