CORPORATE INCOME TAX AND ITS IMPACT ON THE FINANCIAL AND ECONOMIC ACTIVITIES OF ENTERPRISES IN UZBEKISTAN
DOI:
https://doi.org/10.55640/Keywords:
corporate income tax, Uzbekistan Tax Code 2026, enterprise finance, taxation policy, investment incentivesXulosaAbstract
This paper examines the role and impact of corporate income tax (CIT) on the financial and economic activities of enterprises in Uzbekistan within the framework of the 2026 Tax Code. Using recent legislative provisions, statistical indicators, and contemporary economic theories, the study analyzes how profit taxation influences firm behavior, investment decisions, cost structures, and overall financial performance. The findings reveal that while the standard 15% tax rate maintains fiscal stability and budget revenues, differentiated rates, tax incentives, and exemptions significantly shape enterprise efficiency and sectoral development. The study concludes that corporate taxation in Uzbekistan serves both as a fiscal instrument and a regulatory mechanism affecting microeconomic decision-making and macroeconomic growth.
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