DIGITAL TRANSFORMATION AND FISCAL POLICY IN UZBEKISTAN: TRENDS IN E-COMMERCE, REMOTE BANKING, AND DIGITAL SERVICE TAXATION

 
Abtract.  This  study  examines  the  rapid digital  transformation  of  Uzbekistan’s 
economy through a statistical analysis of three interrelated domains: tax revenues from 
foreign electronic service providers, the growth of e-commerce trade volume, and the 
increasing adoption of remote banking services. Utilizing official data from 2016 to 
2024, the research identifies significant upward trends in all three sectors. Tax revenue 
from companies such as Meta, Google, and Apple surged following Uzbekistan’s 2020 
digital VAT reform, reflecting successful integration of global digital services into the 
national tax framework. Simultaneously, the e-commerce market exhibited exponential 
growth, and the number of remote banking users increased nearly fivefold between 
2019 and 2024. These developments signal a comprehensive shift toward a digital 
economy.  The  paper  concludes  with  strategic  policy  recommendations  to  enhance 
infrastructure,  promote  digital  inclusion,  and  ensure  sustainable  growth  through 
supportive regulation and innovation ecosystems.