Current issues of regulation of tax relations

Abstract

Taxes are the main source of government revenue. Therefore, in countries based on market relations, great attention is paid to the development of optimal tax policy and its continuous reform. Although Uzbekistan is an ancient country with tax relations, it was abolished during the former Soviet Union. During the years of independence, tax relations have been re-formed in accordance with the new era. But this process is a bit more difficult, because the same situation can be observed in all countries that are transitioning from a planned economy to a market economy. As a result of research conducted in the framework of the article, suggestions and recommendations were made to improve the tax legislation of Uzbekistan.