Stepaniskaya Oxana

Nowadays in almost all the countries of the world over the last two decades we can observe a gradual reduction in public funding for the education. It means the denial of the full budget funding of higher professional education and the transition to the investment in education. Kazakhstan also has a gradual transition from a state-paternalistic model of social policy to the subsidiary state and a gradual reduction in public funding for the education.

Hidden reserves stimulating effect for investment flows are primarily within the field of tax relations. Kazakhstan has a quite liberal tax system. Nowadays in the practice of Kazakhstan exists a specific set of tax instruments regulation targeted for stimulating investment including the sphere of higher education. But firstly, they are clearly insufficient, and secondly, the effective application of even the existing incentives prevents a number of barriers (legal, organizational, economic).

The aim of this research is to develop a theoretical framework and the development of science-based proposals for the creation of an integrated system of tax incentives investment in higher education in Republic of Kazakhstan. In accordance with the aim the study gets the following basic tasks:

- to analyze the main forms of financing and investment in higher education, to determine the role and value of tax instruments in their stimulation;

- to carry out a rather-legal analysis of tax incentives for investment in higher education in the EU and to determine the appropriate points for harmonization of legislation of EU Member States.

- to determine the problems of enforceability system of tax incentives for investment in higher education in the Republic of Kazakhstan;

- to identify the most applicable European models of tax incentives for investment in higher education for use in the process of improving these processes in Kazakhstan;

- to develop recommendations for improving the enforceability of the tax incentive investment in higher education of the Republic of Kazakhstan.