SOME ASPECTS OF TAXATION IN THE DIGITAL ECONOMY: TAX ON GOOGLE IN UZBEKISTAN

Adhambek Bakhramovich Ismailov

doi:10.17605/OSF.IO/5SE3K

Authors

Adhambek Bakhramovich Ismailov Master’s student at Urgench State University

DOI:

https://doi.org/10.17605/OSF.IO/5SE3K

Abstract

In the past few years, due to the intensive development of information technology, a new industry has emerged - the digital economy, which includes the market for electronic services rendered to users remotely in an automated mode. At the same time, the digital economy is associated with major challenges for the international tax system[1]. Since these services have no tangible expression, it is difficult to provide a mechanism that would allow the collection of “import” value-added tax (VAT). Thus, it is necessary to take into account the change in the order of business organization and use modern international approaches in tax administration.

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References

E. Brynjolfsson & L.M. Kahin, Understanding the Digital Economy – Data, Tools, and Research, p. 1 (MIT Press 2000); M. Peitz & J. Waldfogel, The Oxford Handbook of the Digital Economy, p. ix (Oxford University Press 2012); E. Brynjolfsson & A. McAfee, The Second Machine Age, p. 90 (W.W. Norton 2016); OECD, OECD Digital Economy Outlook 2015, p. 11 (OECD 2015), available at http://www.oecd.org/Internet/oecd-digital -economy-outlook-2015-9789264232440-en.htm

Decree of the president of the republic of uzbekistan No. PF-5953 dated 02.03.2020 (https://lex.uz/docs/4751561)

Tax Code of the Republic of Uzbekistan dated 31.12.2019 (https://lex.uz/pdfs/4674902)

Such a registration is facilitated if market countries already pursue a consumption taxation of digital transactions at the location of consumers by requiring non-resident suppliers to register for VAT purposes. Otherwise, the imposition of a withholding tax on B2C and B2B transactions raises th

McLure, C.E. Jr. (2002). Taxation of Electronic Commerce in the European Union. Hoover Institute, Stanford University. Retrieved from http://citeseerx.ist.psu.edu/viewdoc/download?doi=10.1.1.95.5517&rep=rep1&type=pdf

McLure, Jr. C. (2003). The valueadded tax on electronic Commerce in the European Union. International tax and Public Finance, 10, pp. 753-762