Importance of tax regulation of SME innovations in the economic management

• Kanshaim Zhusupovna Sholpanbaeva Candidate of Economic Sciences, Professor, East Kazakhstan State University named after Amanzholov, Ust-Kamenogorsk, 30 Gvardeiskoi divisii str., 34, 070002, Ust-Kamenogorsk, Kazakhstan
• Asel Anuarbekovna Apysheva Candidate of Economic Sciences, Assistant Professor, Department of Finance and Accounting, East Kazakhstan State University named after S. Amanzholov, Ust-Kamenogorsk, 30 Gvardeiskoi divisii str., 34, 070002, Ust-Kamenogorsk, Kazakhstan
• Nurgul Kunafyanovna Shaihanova Candidate of Economic Sciences, Assistant Professor, Department of Finance and Accounting, East Kazakhstan State University named after S. Amanzholov, Ust-Kamenogorsk, 30 Gvardeiskoi divisii str., 34, 070002, Ust-Kamenogorsk, Kazakhstan
• Usen Suleimenovich Alimbetov Doctor of Economic Sciences, Professor, East Kazakhstan State University named after S. Amanzholov, Ust-Kamenogorsk, 30 Gvardeiskoi divisii str., 34, 070002, Ust-Kamenogorsk, Kazakhstan
• Gulnara Islyamovna Jempeissova Candidate of Economic Sciences, Assistant Professor, School of Business and Entrepreneurship, D. Serikbayev East Kazakhstan state technical university, Ust-Kamenogorsk, Serikbayev str., 19, 070004, Ust-Kamenogorsk, Kazakhstan
• Almira Abeshevna Saktayeva Candidate of Economic Sciences, Assistant professor, Department of Economics and Management, East Kazakhstan State University named after S. Amanzholov, Ust-Kamenogorsk, 30 Gvardeiskoi divisii str., 34, 070002, Ust-Kamenogorsk, Kazakhstan
• Saule Kakimovna Dusembaeva Candidate of Economic Sciences, Assistant Professor, Department of Finance and Accounting, East Kazakhstan State University named after S. Amanzholov, Ust-Kamenogorsk, 30 Gvardeiskoi divisii str., 34, 070002, Ust-Kamenogorsk, Kazakhstan

Abstract

The purpose of this study is to identify an important role of tax regulation in relation to innovation activity. The methodological basis of the research is the fundamental provisions of modern financial science, empirical and logical constructions, methods of comparative analysis and synthesis. As a result, the reduction of interest rates by itself will not lead to the improvement of the tax system. In conclusion, small and medium-sized enterprises form a competitive environment, contribute to the filling of the market with domestic goods and services, and is a breeding ground for medium and large businesses.