The Impact of Taxes on Tourism Business (in the Example of Samarkand, Uzbekistan)

Taxes significantly influence the profitability of tourism businesses in Samarkand, Uzbekistan, with higher tax burdens and lower own capital reducing financial performance. A study analyzing 30 tourism companies revealed that while taxes impacted overall profitability, they did not notably affect profit loss during seasonal fluctuations in a well-performing hotel. This suggests that tax policies could be leveraged to enhance long-term tourism competitiveness without necessarily destabilizing short-term revenue.

SAFAROV, B., TANIEV, A., JANZAKOV, B.,. (2023). THE IMPACT OF TAXES ON TOURISM BUSINESS (IN THE EXAMPLE OF SAMARKAND, UZBEKISTAN). GeoJournal of Tourism and Geosites, 48(2 supplement), 792–797. https://doi.org/10.30892/gtg.482spl13-1079