Improving the Tax System of Legal Entities: Analysis of Property, Profit and Turnover Taxes

This article provides a comprehensive analysis of the issues related to improving the corporate tax system in Uzbekistan, focusing on property tax, profit tax, and turnover tax. The study evaluates the results of tax reforms implemented in recent years based on statistical data. In particular, during 2023–2024, the corporate profit tax rate remained on average at around 15%, while a differentiated approach was applied in certain strategic sectors. Regarding property tax, the expansion of the system for determining the tax base based on cadastral value has led to a steady increase in budget revenues. The turnover tax, introduced as a simplified system for small business entities, accounted for approximately 8–10% of total tax revenues in 2024. The analysis shows that optimizing taxes, rationalizing tax rates, and digitalizing tax administration can enhance economic activity and reduce the share of the shadow economy. The article also develops scientific and practical recommendations for further improvement of the tax system.