THE ROLE OF TAX POLICY IN INCREASING GROSS DOMESTIC PRODUCT
DOI:
https://doi.org/10.55640/Keywords:
gross domestic product (GDP), tax policy, economic growth, tax incentives, investments, entrepreneurial activity, tax system, economic stability.Abstract
This article analyzes the role and importance of tax policy in ensuring the country's economic growth. In particular, the issues of stimulating entrepreneurial activity and attracting investments through tax rates, tax incentives, and tax administration are considered. It also scientifically sheds light on how effective organization of tax policy affects the increase in production, employment, and growth in gross domestic product (GDP). As a result of the study, conclusions and recommendations are made on ensuring economic stability and increasing the country's GDP by improving the tax system.
References
1.World Bank. World Development Report 2024: Taxes and Economic Growth. Washington, DC, 2024.
2.Organisation for Economic Co-operation and Development. Revenue Statistics 2025: Tax Revenue Trends in OECD Countries. Paris, 2025.
3.State Tax Committee of the Republic of Uzbekistan. Soliq siyosati va soliq ma’muriyatchiligi bo‘yicha rasmiy ma’lumotlar. Toshkent, 2024.
4.Ministry of Economy and Finance of the Republic of Uzbekistan. O‘zbekiston Respublikasi iqtisodiy rivojlanish ko‘rsatkichlari bo‘yicha hisobot. Toshkent, 2024.
5.The World Bank. Uzbekistan Country Economic Update. Washington, DC, 2024.
6.Public Finance and Public Policy — Cambridge: MIT Press, 2022.
7.United Nations. Financing for Sustainable Development Report. New York, 2023.
Downloads
Published
Issue
Section
License
This work is licensed under a Creative Commons Attribution 4.0 International License.
Authors retain the copyright of their manuscripts, and all Open Access articles are disseminated under the terms of the Creative Commons Attribution License 4.0 (CC-BY), which licenses unrestricted use, distribution, and reproduction in any medium, provided that the original work is appropriately cited. The use of general descriptive names, trade names, trademarks, and so forth in this publication, even if not specifically identified, does not imply that these names are not protected by the relevant laws and regulations.
