Problems of microbusiness taxation in The Republic of Uzbekistan

The article considers current issues of microbusiness taxation. An assessment of various taxation regimes for entrepreneurs in the Republic of Uzbekistan is made. Recommendations for improving microbusiness taxation in the context of economic reform are substantiated. Proposals are given to ensure fair taxation of microbusiness and small business entities.

Objective: to develop recommendations for improving taxation of microbusiness and small business entities, creating attractive, fair tax conditions for them.

Methods: data generalization, grouping, abstract-logical thinking, expert assessment, induction and deduction, tabular.

Results: a number of problems remain in the field of taxation that worsen the production and financial condition of enterprises, displacing entrepreneurs into the shadow economy. Turnover tax and fixed-rate tax are still attractive to microbusiness and small business entrepreneurs than VAT and income tax. The use of VAT does not contribute to the expansion of trade relations between microbusiness entities, small, medium and large enterprises. The main conclusions are to introduce a mechanism of a non-taxable minimum in the calculation of turnover tax in the republic; to leave in effect the existing regime for micro-business entities in the form of a turnover tax at a fixed rate (on a voluntary basis); each adopted regulatory legal act must undergo a thorough examination in terms of its impact on entrepreneurial activity, the formation of budgetary funds and the impact on other important socio-economic parameters; the use of complex to understand formulas of the AIS «Avtokameral» does not yet create significant incentives for reducing the shadow economy and corruption in the field of tax administration.