From cadastral value to market value
The material is dedicated to the reform of the real estate taxation system in Uzbekistan — the transition from cadastral to market value of properties for a fairer distribution of the tax burden and the strengthening of local budget revenues.
From Cadastral Value to Market Value
On the transformation of the real estate taxation system in Uzbekistan: the transition to market value as a way to return public investment through fair property taxation. Under current conditions, the real estate tax is considered one of the most important areas for improving tax systems. Although its share in the gross domestic product is relatively small, property taxes are considered one of the most stable sources of replenishing local budget revenues. Unlike taxes on...