Experience and Application Methods of Taxation of Personal Income in Uzbekistan
Keywords:
taxation, personal income, tax rates, tax benefits, progressive tax, proportional tax, social taxes, international comparison, tax policyAbstract
The article provides a comparative analysis of personal income tax systems across various countries. It examines key aspects of taxation, including tax rates, payment methods, filing procedures, tax benefits and deductions, as well as social taxes and contributions. Special attention is given to progressive and proportional tax systems, along with specific rules and exemptions for certain taxpayer categories. Data on tax rates for labor income, capital gains, property, business income, and social taxes in countries such as the USA, UK, Japan, China, Malaysia, and Russia are presented. The analysis highlights significant differences in taxation approaches driven by the economic, social, and cultural characteristics of each nation. The findings offer a deeper understanding of the similarities and differences in tax systems and their impact on citizens' incomes.
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