The Importance of The Methodology for Determining the Taxable Base in The Tax System

Аннотация

This article examines the role of the tax base determination methodology, which is one of the important areas of development of the tax system of Uzbekistan, in the tax system, its role in economic growth, social justice and stabilization of the state budget using PESTEL and SWOT analysis tools. The article also highlights the main directions and prospects for improving the tax base determination methodology. Keywords: Tax base, tax methodology, tax system, "Uzbekistan - 2030" strategy, PESTEL analysis, SWOT analysis, economic growth, social justice, tax administration. effective organization of the tax system is crucial. This Introduction: In the context of the globalization of the is not only for shaping the state budget but also for world economy and the rapid development of digital playing a decisive role in ensuring economic stability, technologies, ensuring the stability and efficiency of favorable conditions for entrepreneurial activity, and the tax system is one of the important tasks of states. equitable distribution of the tax burden. Due to this The effective organization of tax relations, which is the significance, many economists have conducted basis of the tax system, in turn, depends on how research on this topic, and explorations are still correctly and purposefully the methodology for ongoing. determining the tax base is developed. Considering that the financial stability and socio-economic For instance, A. Laffer is known for the "Laffer Curve," development of a modern state are directly related to which examines the impact of tax rates on economic the effective functioning of the tax system, the activity. His work "demonstrated that the breadth of methodology for determining the tax base is of great the tax base and the effective combination of tax rates importance in ensuring that the tax system is fair, stimulate economic growth," while Richard Musgrave transparent and a mechanism that stimulates "analyzed the impact of taxes on social justice and economic growth. economic efficiency." In our republic, large-scale work is being carried out to Similarly, N. Kaldor is one of the scholars who studied reform the tax system, reduce the tax burden, simplify the impact of the tax system on economic growth, and and digitize tax administration, which makes it urgent his work demonstrated that economic development to improve the methodology for determining the tax can be achieved by expanding the tax base and base, bring it into line with international standards and introducing a progressive tax system. In particular, N. adapt it to changing economic conditions, and also Kaldor emphasized that regarding the impact of the tax makes studying its socio-economic significance one of system on economic growth, a progressive tax system the important tasks within the framework of the allows for the collection of more taxes from higher- "Uzbekistan - 2030" strategy. income earners and provides social assistance to low- income people; that high tax rates can dampen Literature Review economic activity; and that a properly developed tax The social and economic importance of the procedure base determination methodology can stimulate and methodology for determining the tax base in the investment and accelerate economic growth, which International Journal of Management and Economics Fundamental 6 https://theusajournals.com/index.php/ijmef International Journal of Management and Economics Fundamental (ISSN: 2771-2257) reduces income inequality and ensures social stability. reducing the tax base, therefore the need for He also promoted that it is possible to increase cooperation and regulation in tax systems is government revenues and stimulate economic growth emphasized." by expanding the tax base. To expand the tax base, he