Tax stimulation of innovative activity in the Republic of Kazakhstan: current practice and problems of perfection

Abstract

Tax regulation is a measure of the indirect impact on elements such as
economy, social and political processes which is made by the introduction
or abolition of taxes, tax rates change, the establishment of tax incentives
and other measures of indirect impact. It is important for the economy of
Kazakhstan to develop innovation as scientific and technological progress
is one of the main factors of economic growth, therefore, special attention
should be given for its state support. Successful development of innovations
in Kazakhstan can be supported by the optimizing tax stimulants which can
be represented by the tax benefits, the creation of economic zones and decreasing
the tax burden for persons engaged in innovative activities.
In this article the author conducted a study using tax stimulants in
innovation. The author has analyzed the tax rules governing innovation
activities. The development state and the state involvement in innovation,
recommendations to improve the tax stimulants are also studied in innovation
activities.