DIGITAL TRANSFORMATION AND FISCAL POLICY IN UZBEKISTAN: TRENDS IN E-COMMERCE, REMOTE BANKING, AND DIGITAL SERVICE TAXATION

Аннотация

Abtract. This study examines the rapid digital transformation of Uzbekistan’s economy through a statistical analysis of three interrelated domains: tax revenues from foreign electronic service providers, the growth of e-commerce trade volume, and the increasing adoption of remote banking services. Utilizing official data from 2016 to 2024, the research identifies significant upward trends in all three sectors. Tax revenue from companies such as Meta, Google, and Apple surged following Uzbekistan’s 2020 digital VAT reform, reflecting successful integration of global digital services into the national tax framework. Simultaneously, the e-commerce market exhibited exponential growth, and the number of remote banking users increased nearly fivefold between 2019 and 2024. These developments signal a comprehensive shift toward a digital economy. The paper concludes with strategic policy recommendations to enhance infrastructure, promote digital inclusion, and ensure sustainable growth through supportive regulation and innovation ecosystems.