The Significance of Taxes of Using Water Resources in Corporations of Uzbekistan: Guarantees of Sustainability and Incentives for Conservation

  • Akhmadaliev Dilmurod Khurmatilloevich lecturer of the "Accounting and economic analysis" department of Fergana State University, Fergana, Uzbekistan
Keywords: Water resources, conservation, concession, car wash, incentives, environment, monitoring

Abstract

This article describes the importance of paying tax for the use of water resources in the Republic of Uzbekistan, incentives for legal entities to use water carefully, the formation of the culture of water use and its importance. The rational use of water resources by enterprises and their rational transfer to future generations remains an important current state policy. In this research, the importance of monitoring the calculation of taxes on the used water resources of legal entities and their payment to the budget was considered. The results show that the water resource use tax can effectively achieve the goal of saving water and improving the efficiency of water resources use. The tax also helps raise awareness of water conservation among businesses and residents and encourages businesses to optimize production structures.

References

1. Tax Code of the Republic of Uzbekistan (approved by the Law of the Republic of Uzbekistan dated 30.12.2019 No. ORQ-599)
2. Mirziyoev Sh.M. Action strategy on five priority areas of development of Uzbekistan. T., Uzbekistan, 2017. "Gazeta.uz"
3. Decision PQ-107 of the President of the Republic of Uzbekistan dated 01.04.2023 "On urgent measures to increase the efficiency of water resources use"
4. Umurzokov O'.P., Abdurakhimov I.L. Water economy management . 2 - vol . - T.: Economy and Finance , 2008, 3-B.
5. Tashmatov H.T., Kushaev T.K., Ismailova S.S. Water innovation management in the economy . - T.: 2011.
Published
2023-07-23
How to Cite
Akhmadaliev Dilmurod Khurmatilloevich. (2023). The Significance of Taxes of Using Water Resources in Corporations of Uzbekistan: Guarantees of Sustainability and Incentives for Conservation. Central Asian Journal of Innovations on Tourism Management and Finance, 4(7), 114-118. https://doi.org/10.51699/cajitmf.v4i7.559
Section
Articles