The Peculiarities of Encouraging the Transition of Untaxed Business to the Formal Sector

Gayratjon Nuralievich Alimardonov

Abstract


This article is devoted to the peculiarities of encouraging the transition of untaxed business to the formal sector. In addition, some features of the untaxed (informal) business have been investigated, as well as the advantages of the shadow economy and recommendations on the transfer of untaxed business to the official one in Uzbekistan have been formulated. 


Keywords


Encouragement; Transition; Untaxed Business; Formal Sector; Shadow Economy; Poverty Reduction; Income Distribution; Formalization; Policy; Untaxed Sector; Small Enterprises

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DOI: http://dx.doi.org/10.18415/ijmmu.v10i12.5462

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