Turnover Tax Regime and Its Impact on The Activities of Small Business Entities

In recent years, turnover tax has emerged as a pivotal fiscal instrument for supporting small business activities in developing economies such as Uzbekistan. Despite its simplification benefits, the turnover tax regime poses challenges in terms of revenue generation and fair tax distribution. This study aims to explore the role, evolution, and effectiveness of the turnover tax system in Uzbekistan’s small business sector. Using a mixed-method approach that includes comparative policy analysis, statistical trend evaluation, and a study of legislative frameworks, the research identifies the key benefits and structural limitations of the turnover tax regime. Results indicate that while turnover tax has simplified compliance and encouraged formalization, its declining share in state revenues raises concerns about long-term fiscal sustainability.

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