Improving The Practice of Taxation of Real Estate Owned by Individuals in Uzbekistan

This study examines the ongoing reforms in real estate taxation in Uzbekistan, focusing on the taxation of land and property owned by individuals. While taxation policies have evolved, gaps remain in ensuring fairness, efficiency, and alignment with market values. Using a mixed-method approach, this research analyzes statistical data, evaluates taxation methodologies, and reviews international best practices. Findings reveal inconsistencies in property valuation, administrative inefficiencies, and a need for improved tax collection mechanisms. The study concludes that integrating a market-based valuation system and unifying property-related taxes can enhance fiscal sustainability and economic equity. The results offer policy recommendations for optimizing Uzbekistan's real estate tax system.