The tax policy of the Republic of Kazakhstan in the context of modernization

Abstract

Object: The aim of the study is to identify the results of tax reforms, assess the current state of the tax system of the Republic of Kazakhstan, as well as to identify problems and determine the main directions for improving the tax system of Kazakhstan. Methods: The research methods – system analysis, economic and statistical data processing, comparison and generalization, scientific analysis and synthesis. Findings: The article analyzes the current tax policy in the Republic of Kazakhstan, namely the impact of tax reforms on the economy of Kazakhstan, with an emphasis on recent tax reforms. An analysis of tax revenues and a comparative analysis of structural changes in the budget in recent years, with an emphasis on the main production taxes, such as corporate income tax, value added tax, taxes on international trade and foreign operations. Conclusions: The study revealed the problems of the effectiveness of tax reforms in Kazakhstan from the standpoint of their compliance with modern requirements. The article notes that the modern tax policy of Kazakhstan should be aimed at supporting small and medium-sized businesses, stimulating the non-resource sector of the economy. In particular, it proposes a policy to stimulate the production of agricultural processing enterprises and the food industry, justifies the need for tax incentives for food producers in terms of reducing the value added tax. In the context of the EAEU integration trade, it is necessary to adopt tax incentives to reduce the total tax burden on products of the nonresource sector of the economy, and to resolve the administrative and customs problems of the union.