Audit and economical analysis

Tax Dynamics

Indicator	Years				Change
	2017	2016	2015	2014		2017, compared with 2016	2016, compared with 2015	2015, compared with 2014
1. Profit tax	30 730 577	16 304 363	18 845 215	26 043 300		14 426 214	11 885 362	4 687 277
2. Other taxes and fees	83 965 344	40 674 456	4 443 440	56 999 126		39 290 888	79 521 904	26 966 218

Conclusion: The tax and other taxes, and the dynamics of payments in the enterprise, can be summarized as the amount of payments over the past few years has increased. The tax burden on paid income from the basic tax increased compared to the previous year by 14,423,21 thousand UZS compared with 2016, to 11,885,362 thousand UZS in 2015, and 4,687,277 thousand UZS more than in 2014.

 

Methods of calculating tax burden on companies

 

The tax burden represents a set of indicators for the country's tax system.

Tax burden is the share of tax revenues in the Gross Domestic Product (GDP). The tax burden can be determined not only nationwide, but also for the network, region or separately received taxpayers, businesses.

The tax burden on macroeconomic levels is determined by the ratio of taxes and other mandatory payments to the gross domestic product.

Its appearance is as follows:

TB = T + P / GDP * 100

Where:

TB - Tax burden;

T - taxes;

P - payments;

GDP is the country's gross domestic product.

The tax burden on enterprises is determined by their earnings. That is, it is calculated based on the sales volume of the product (goods, works and services) or the newly created value.

The tax burden on enterprises can be calculated using the following formula for determining the amount of sales of products (goods, works and services) and added value.

Income from sales:

a) TB = T + P / IS

In relation to value added:

b) TB = T + P / AV
Where: P (D) - Profit (gain),

G-gain,

AV-added value,

Value added means the value added to the goods (works, services) during the manufacturing process of certain goods (works, services).

Value added includes depreciation deductions, wages, social allowances, curves and other taxes and benefits.

Table 199