Conduct of modern science– 2016 • Díl 1

12 The third priority direction o f the Decree o f the President o f the Republic o f Uzbekistan dated February 7, 2017 4947
“On the Strategyof Actions in five priority areas o f development o f the Republic o f Uzbekistan in 2017-2021”
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MATERIALS OF THE XVI INTERNATIONAL SCIENTIFIC AND PRACTICAL CONFERENCE ★ March 30 - April 7, 2020
Since this classification more fully reveals the essence of taxes, it is also accepted in 
international practice. To determine the tax burden for economic entities or industries, 
it is advisable to determine the taxation of the gross income of certain economic 
entities. However, to determine and assess the overall tax burden across the country, it 
will be necessary to determine the balance of direct and indirect taxes in the gross 
domestic product. Taxes and other mandatory payments occupy a significant place in 
the formation of state budget revenues. To study the features of indirect and indirect 
taxes that differ from each other, consider their classification. In accordance with 
article 23 of the Tax code of the Republic of Uzbekistan, the tax classification can be 
viewed in figure 1 below. Based on these images, indirect taxes include both value- 
added 
tax 
and 
excise 
tax.
Figiire-1. T ax classification1.
Taxes and other m and atory paym ents in the Republic of Uzbekistan (article 23 of the tax code
of the Republic of Uzbekistan)
In d ire ctT a x e s
• Value Added Tax (articles 197 — 228- T.C of 
the Republic of Uzbekistan).
• Acsise Tax (articles 229-241 T.C of the 
Republic of Uzbekistan).
Budget revenues represent a high level of indirect taxes, low direct taxes, and 
indicate that producers have large tax benefits. Accordingly, we analyze exactly the 
position taken by the indirect tax on the budget revenues of our country. At the same 
time, we will consider the balance of indirect taxes for the last 4 years in the State 
budget (table 1).
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