ISSUES OF MODERNIZATION OF TAX POLICY IN THE DIGITAL ECONOMY

Ibodullayev Abbos Bahodir  o'g'li

Authors

Ibodullayev Abbos Bahodir o'g'li Author

Abstract

The digital economy, characterized by the rapid growth of online trade, virtual assets, and cross-border data flows, challenges traditional fiscal frameworks. Existing tax systems—designed for tangible goods and fixed establishments—are increasingly ineffective in regulating digital transactions. This article examines theoretical and practical issues in modernizing tax policy to address new forms of economic activity. It analyzes international approaches such as the OECD/G20 BEPS initiatives, real-time tax administration tools, and platform-based VAT collection systems. The research aims to identify mechanisms that promote fair taxation, transparency, and administrative efficiency in the digital era. The study concludes that coordinated global action and the adoption of digital technologies are essential for creating equitable and sustainable tax policies in a borderless economy.

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