ADAPTING INTERNATIONAL TAX ADMINISTRATION PRACTICES (GEORGIA, ESTONIA) TO REDUCE THE SHADOW ECONOMY IN UZBEKISTAN

This article examines the reduction of the shadow economy share, which remains one of the most pressing obstacles to the sustainable economic development of Uzbekistan. The study provides a statistical and comparative analysis of international best practices, specifically focusing on Georgia and Estonia, which have successfully minimized underground economic turnover through comprehensive tax administration reforms. The research highlights the potential of adapting successful foreign frameworks—such as tax system digitalization, mandatory e-invoicing systems, and unified reinvestment incentives—into Uzbekistan’s fiscal structure. Ultimately, the paper provides practical and scientifically grounded proposals and recommendations aimed at legalizing informal sectors and optimizing tax compliance within the country's modern economic landscape.