THE LOCAL FEES AND TAXES IN FORMING REGIONAL BUDGETS: FINANCIAL

Mamasharipov Humoyun; Ergasheva Aziza

Authors

Mamasharipov Humoyun Samarkand Institute of economics and service, Faculty of Economics 3rd year student
Ergasheva Aziza Samarkand Institute of economics and service, Assistant at the Department of Investments and Innovations

Keywords:

Local budget, fiscal decentralization, financial independence, land tax, property tax, personal income tax, neighborhood budget, inter-budgetary transfers, vertical imbalance, social spending, tax administration, territorial development, Pareto efficiency.

Abstract

The article is aimed at strengthening the revenue base of local budgets in the context of the reform of the state financial system in the Republic of Uzbekistan, in particular, at analyzing the role of local taxes and fees. The article studies the theoretical foundations of fiscal decentralization processes, including the concepts of fiscal federalism of economists such as R. Musgrave and W. Oates, in comparison with the modern practice of Uzbekistan

References

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