SUPPORTING INNOVATIVE ACTIVITIES THROUGH TAX INCENTIVES

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Alijon Turayev
Samandar Xurramov

Abstrak

Tax incentives have become an essential tool for promoting innovation and stimulating economic growth. This study explores the role of tax benefits in supporting innovative activities, focusing on mechanisms such as R&D tax credits, accelerated depreciation, and preferential taxation for startups and high-tech enterprises. The research analyzes national legislation, international best practices, and empirical data to assess the effectiveness of tax incentives in encouraging research, development, and technological advancement. Findings indicate that well-designed tax policies can increase investment in innovation, enhance competitiveness, and support sustainable economic development. The study also highlights the importance of aligning fiscal incentives with strategic innovation goals and implementing monitoring systems to ensure effective utilization of tax benefits.

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