ENHANCING THE COMPETITIVENESS OF INSURANCE COMPANIES THROUGH TAX BURDEN REDUCTION

Eldor Nozimov

Authors

Eldor Nozimov Samarkand Institute of Economics and Service Senior Lecturer, Department of "Investment and Innovations"

Keywords:

Insurance company, tax burden, competitiveness, tax optimization, fiscal policy, profitability, financial performance, tax incentives, operational efficiency, market strategy.

Abstract

This article examines strategies for enhancing the competitiveness of insurance companies by optimizing their tax obligations. The study analyzes how fiscal policies, tax incentives, and efficient tax planning can influence the financial performance and market positioning of insurers. Emphasis is placed on the role of tax burden reduction in improving profitability, investment capacity, and operational efficiency. International experiences and best practices are reviewed to identify approaches that can be adapted to the Uzbek insurance sector. The research highlights the potential benefits of aligning taxation policies with the strategic objectives of insurance companies to foster sustainable growth and competitive advantage.

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