Reducing the Shadow Economy Through Taxation
DOI:
https://doi.org/10.31150/ajebm.v8i1.3245Keywords:
Shadow Economy, Tax Policy, Tax System, Tax Control, Tax Modernization, Economic Efficiency, International Experience, Illegal ActivityAbstract
This article discusses the social and economic consequences of the shadow economy, the role of the tax system in this regard, as well as strategies aimed at reducing illegal activity by improving taxes. The expansion of the shadow economy can pose a threat to the state budget and lead to social injustice, so it is very important to improve the efficiency of tax administration and the audit system. The article provides practical recommendations aimed at reducing the shadow economy through such methods as modernizing the tax system, strengthening tax control and introducing digital technologies. Also, highlighting the role of international experience and its changes in increasing the efficiency of tax policy, the need to optimize the tax system to reduce the shadow economy in the republic is substantiated.
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