BLOCKCHAIN TECHNOLOGY IN UZBEKISTAN TAX ADMINISTRATION SYSTEM
DOI:
https://doi.org/10.5281/zenodo.17436472Keywords:
blockchain technology, Uzbekistan tax administration, tax system reform, digital transformation in taxation, transparent tax collection, blockchain-based governance, decentralized tax processes.Abstract
This article explores the potential integration of blockchain technology into Uzbekistan’s tax administration
system. It begins by addressing the challenges faced by the current system, such as inefficiencies, lack of transparency,
and corruption. The paper highlights the core features of blockchain, including decentralization, immutability, and
transparency, and explains how these can revolutionize tax collection and auditing. It also discusses possible use cases,
such as real-time transaction tracking, fraud prevention, and smart contracts for automated tax processes. The article
examines global examples of blockchain application in taxation and considers the economic benefits for Uzbekistan, such
as enhanced compliance and increased government revenues. Challenges such as infrastructure limitations, regulatory
frameworks, and public adoption are also analyzed. Finally, it provides a forward-looking perspective on how blockchain
can drive digital transformation in Uzbekistan’s tax system, fostering greater efficiency and trust.
References
Boucher, P., Nascimento, S., & Kritikos, M. (2017). How blockchain technology could change our lives. European
Parliamentary Research Service (EPRS). Retrieved from https://www.europarl.europa.eu
Houben, R., & Snyers, A. (2018). Cryptocurrencies and blockchain: Legal context and implications for financial crime,
money laundering, and tax evasion. European Parliament, Directorate-General for Internal Policies. Retrieved from
https://op.europa.eu/en/publication-detail/-/publication/631f847c-b4aa-11e8-99ee-01aa75ed71a1
Ismailov, O. (2022). Digital transformation and its role in modernizing Uzbekistan’s public administration. Journal of
Uzbek Economic Reforms, 12(3), 45–56.
Karimov, F. (2021). Challenges and opportunities for implementing blockchain in Uzbekistan’s tax system. Central Asia
Economic Review, 10(2), 78–88.
Kim, H., Laskowski, M., & Kim, S. (2019). Blockchain for decentralized business process management: Framework and
applications. Business Process Management Journal, 25(4), 478–499.
Nazarov, D. (2022). Barriers to adopting blockchain
Peters, G. W., & Panayi, E. (2016). Understanding modern banking ledgers through blockchain technologies: Future
of transaction processing and smart contracts on the internet of money. In Banking beyond banks and money (pp.
–278). Springer. https://doi.org/10.1007/978-3-319-42448-4_13
Rakhmatullaev, B. (2023). Policy initiatives
