14.07.2022 International Scientific Journal "Science and Innovation". Series A. Volume 1 Issue 4
Abstract. The article was written in order to consider issues related to the shadow economy, since today this topic is relevant. The article examines all theoretical approaches to the definition of "shadow economy". The main reasons for the existence and consequences of the shadow economy in modern conditions are explained, and methods of dealing with it are also proposed. An analysis was made of the state of the shadow economy in Russia, for its further elimination in the Republic of Uzbekistan. The article also analyzes the causes of the emergence of the shadow economy in the Republic of Uzbekistan and uses taxes as a solution to the problem of the shadow economy.
Keywords: shadow business, GDP, income tax, VAT, personal income tax, unified social payment, shadow economy, taxes, corruption, informal sector, entrepreneurship, tax system.
SCIENCE & INNOVATION