Trends in the Development of Real Estate Taxation in Uzbekistan

The fundamental reform of the economy, which began in Uzbekistan, demanded the reform of the entire system of public administration in the country, including the budget system. The budget system formed in the first years of independence in our country had a fiscal policy and high centralization, which led to inefficient spending of budget funds. Therefore, one of the main directions of the state budget-tax policy is to increase the independence of local budgets and expand sources of income. In the article, in the process of improving the budget system, issues of increasing the importance of local budgets, which are the basis of a new system that ensures the efficiency of state budget revenues, are studied. Also, taking into account international experiences, proposals and recommendations on taxation of real estate in Uzbekistan have been developed.