FOREIGN EXPERIENCE IN TAX INCENTIVES FOR INNOVATIVE ACTIVITIES

Abstract

The article examines and analyzes the foreign experience of taxation of innovative activities. Currently, the leading industrial countries apply various types of tax incentives to stimulate innovation. The main principle of the Western system is that tax incentives are provided not to scientific organizations, but to enterprises and investors. Foreign experience in tax support for innovation provides Uzbekistan with guidelines that can and should be used in the formation of a system of tax incentives for the scientific and innovative sphere.