GERMANY'S TAX SYSTEM AND ITS DISTINCTIVE FEATURES

This article provides a comprehensive analysis of Germany’s tax system and its distinctive features. In the course of the study, the dynamics of the tax burden relative to GDP, the structure of taxes, and the functioning principles of fiscal federalism mechanisms were examined. In addition, Germany’s tax system was comparatively analyzed with the member countries of the Organisation for Economic Co-operation and Development, and its social orientation and institutional stability were substantiated. Based on Germany’s experience, scientifically grounded conclusions and recommendations for improving the tax system of Uzbekistan were developed.