Digitalization of financial markets and its impact on taxation

The article analyzes the financial market of Azerbaijan as a key part of the economy that ensures the distribution of financial resources. It examines its main components: the credit market, the currency market, the securities market, insurance, and investments. Special attention is given to the role of the digitalization of financial markets, the use of technologies such as blockchain, artificial intelligence, and cryptocurrencies to enhance the transparency and efficiency of operations. The article also discusses opportunities to increase financial inclusion, automate tax processes, and improve government regulation. The problems of the market, such as low transparency and lack of information, are identified, along with solutions based on international experience and the development of education. In conclusion, the importance of creating a competitive financial sector to attract investments and improve the financial infrastructure in line with digital trends is emphasized.