Multidisciplinary Journal of Science and Technology

UNDERSTANDING THE INFLUENCE OF THE TAX SYSTEM ON BUSINESS ACTIVITY

Qo‘shayev To‘xtasin Abdiqodirovich

Teacher of the Department of Accounting and Auditing.

Keywords: Tax system, business activity, taxation, investment, entrepreneurship, competitiveness, economic growth, tax incentives, compliance costs, international tax.

Abstract

The tax system exerts a profound influence on business activity, shaping investment decisions, entrepreneurship, and competitiveness in the global marketplace. This article examines the multifaceted impact of taxation on business activity, exploring how tax policies affect economic growth, innovation, and strategic decision-making. Through a comprehensive analysis of tax incentives, compliance costs, and international tax considerations, this study sheds light on the intricate relationship between the tax system and business dynamics.

References

Tax Foundation. (2022). International Tax Competitiveness Index. Retrieved from https://taxfoundation.org/tax-competitiveness-index/

World Bank. (2022). Doing Business 2022: Tax Compliance Time for Businesses. Retrieved from https://www.worldbank.org/en/publication/doing-business

Global Entrepreneurship Monitor. (2022). GEM 2021/22 Global Report. Retrieved from https://www.gemconsortium.org/report/50608