IMPROVEMENT OF ACCOUNTING FOR TAXES AND MANDATORY PAYMENTS IN THE STRUCTURE OF PERIOD EXPENSES
Keywords:
Income tax, fiscal policy, economic stability, taxation, government revenue, tax system, tax policy, tax burden, tax evasion, fiscal regulationAbstract
This article examines the policy of income tax and its role in economic stability. It analyzes how taxes shape state revenue, their role in income distribution, and their function in regulating the economy. The study explores the impact of income tax policy on individuals and businesses. The results indicate that a well-structured tax policy ensures economic growth and social equality. Additionally, the article addresses tax compliance and issues within the policy. At the end of the study, recommendations are provided to further improve and make the income tax system more equitable.
References
1.International Financial Reporting Standards (IFRS). IAS 12 – Income Taxes.
2.Tax Code of the Republic of Uzbekistan. (2022).
3.Ministry of Finance of the Republic of Uzbekistan & State Tax. Committee. (2002). Regulation on the procedure for calculating and paying corporate income tax to the Budget.
4.Ministry of Finance of the Republic of Uzbekistan & State Tax Committee. (2005).
