THE EFFECT OF PROFIT TAX REDUCTIONS ON JOB CREATION AND ECONOMIC GROWTH IN UZBEKISTAN

Abstract

this article examines the effect of profit tax reductions on job creation and economic growth in Uzbekistan. Tax policies, particularly reductions in profit tax rates, have been a key tool for stimulating economic activity in many countries. This study analyzes the relationship between profit tax cuts and their impact on labor markets and overall economic performance. The findings suggest that profit tax reductions positively influence job creation, particularly in the small and medium-sized enterprise (SME) sector, while contributing to sustainable economic growth. However, the long-term fiscal sustainability of such tax incentives and their broader implications on government revenue collection are also discussed.