Published April 4, 2024 | Version v1
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ANALYSIS OF THE IMPACT OF INDIRECT TAXES ON THE FORMATION OF BUDGET REVENUES IN MULTIFACTOR ECONOMETRIC MODELING

  • 1. Teacher of Termiz State University

Description

The importance of indirect taxes in the formation of state budget revenues plays a significant role. As a result of the reforms carried out in our country, it can be seen that today we have made a step forward in all areas. Of course, this good news does not exclude news in the tax field. This article describes in detail the factors influencing the effect of indirect taxes on state budget revenues through multifactor econometric modeling.

In developed countries, indirect taxes are relatively less important in their tax structure. In these countries, on average, indirect taxes make up less than 40 percent of total tax revenue. The purpose of indirect taxes in developed countries is to keep the general public in the tax net. Indirect taxes are basically taxes that can be transferred to another legal entity or individual. They are usually charged to the manufacturer or supplier, who then pass the tax on to the consumer. The most common example of an indirect tax is the excise tax on cigarettes and alcohol. Indirect taxes and direct taxes differ in many ways. In our country, the share of indirect taxes in the state budget is more than 40%.

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References

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