Types and Functions of Taxes in a Market Economy

• Main Authors: Isabella Rustambekovna Yuldasheva, Nematulla Abdusalamovich Artikov
• Format: Article
• Language: English
• Published: International journal of multicultural and multireligious understanding 2021-08-01
• Series: International Journal of Multicultural and Multireligious Understanding
• Subjects: market economy; economic analysis; functions of taxes; in-depth analysis; key factor; tax policy
• Online Access: https://ijmmu.com/index.php/ijmmu/article/view/2925

The purpose of this article is to explain the role and importance of taxes in a market economy based on economic analysis. There are also economic considerations about the types of taxes, and the importance of the functions of taxes in today’s market economy has been scientifically demonstrated. The role of taxes and types of taxes in the regulation of the economy, the results of economic measures taken to introduce taxes in the economic growth of the country are presented in statistics. Through an in-depth analysis of the role of tax functions in the economy, we can identify them as a key factor in ensuring the country's budget. The large-scale work carried out in our country to ensure greater transparency of tax policy determines the relevance of this sector for today's market economy.