FISCAL INCENTIVES FOR GREEN SERVICES: ENHANCING COMPETITIVENESS OF THE SERVICE SECTOR THROUGH TAXATION

Gʻafforov Azizbek Zayniddinovich; Haqnazarova Yulduz Juraqulovna

Authors

Gʻafforov Azizbek Zayniddinovich 2nd year student of the Samarkand Institute of Economics and Service
Haqnazarova Yulduz Juraqulovna Assistant of the Department of “Investment and Innovation” Samarkand Institute of Economics and Service

Keywords:

fiscal incentives,, green services,, taxation policy,, sustainability, service sector,, competitiveness.

Abstract

This article examines the role of fiscal incentives in promoting the development and competitiveness of green services within the modern economy. It analyzes how taxation policies, such as tax credits and exemptions, encourage sustainable business practices, innovation, and investment in environmentally friendly services. The study highlights international experiences and evaluates the economic and environmental impacts of green fiscal measures. It concludes that effective and well-designed tax incentives are essential for supporting sustainable growth and strengthening the service sector.

References

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World Bank. Green Fiscal Policy and Economic Growth. – Washington, DC: World Bank Publications, 2022. – 180 p.