Tax burden and its influence on the economy

Abstract

In our country, every year increases the need for effective management of tax payments, which allows not only to obtain additional financial resources, but also to minimize tax risks and, consequently, improve the competitiveness of domestic taxpayers. Over the past decade, that by the standards of developed economies a short time, the tax system of Kazakhstan has undergone significant changes. Frequent systemic changes in the law negatively affect the financial and economic activities of domestic producers. Of particular note is the taxation of business entities in the economic crisis, because it is through tax instruments the state can regulate and stimulate the economy. Taxpayers, in turn, need to respond quickly to changes in tax legislation. If a stable economy, frequent changes in legislation cause a negative effect, the timely amendment introduced during the crisis, can significantly limit the economic downturn.