Tax mechanism as a factor of development of innovative economy of Uzbekistan

Abstract

In this article, the tax mechanism is considered as one of the main factors of the development of the innovative economy and the possibility of effective use of the tax mechanism in the conditions of the development of the innovative economy of Uzbekistan. In particular, the impact of tax incentives on the research and innovation activities of enterprises, as well as the impact of tax incentives on attracting investments directed to this activity, is analyzed.
In addition, the issues on further improvement of the tax mechanism in order to effectively influence the development of an innovative economy are outlined. As a result of the research, relevant conclusions were formed, as well as scientific proposals and practical recommendations on the effective use of the tax mechanism for the development of an innovative economy through the tax mechanism were developed.