Tax Support for Education for Sustainable Development in the EEC Countries

Abstract

The subject of the study is education as one of the factors and mandatory conditions for the formation of the economic and social basis of society. The purpose of the work is to substantiate the need to use tax instruments to stimulate investment in education in the territory of the EAEU economic space. The methodology of the study is based on the consideration of modern theories of taxes and human capital, comparative legal analysis of the national tax legislation of the EAEU. The article analyzes the current state of the educational space in the territories of the EAEU member states, taking into account their assessments in international ratings. The main channels of education financing are investigated: direct through the system of budget allocation and indirect through the use of a tax incentive mechanism. Tax instruments are considered according to the types of tax payments of national tax systems and the directions of preferential facilities and educational organizations. Conclusions are drawn about the need to provide tax benefits and preferences to stimulate the educational market as a condition for ensuring a high quality of life and realizing the entrepreneurial potential of the EAEU countries.