THE ROLE OF TAX POLICY IN FUNDING THE DEVELOPMENT OF THE LABOUR FORCE

• Authors: Skapars R. , Orehova A.
• Languages of publication: EN

Abstracts

EN

One of the most essential prerequisites for successful economic growth is an educated and highly qualified worker who constantly seeks to improve his/her professional skills and knowledge. National policy and financial support have a significant role in fulfilling this prerequisite. Various tax relief programmes can be considered as indirect national financial support. The study analyses present system of tax-related stimuli which are available for education and science, describes the advantages and analyses drawbacks. Although there is a general tax relief system for education and science in Latvia and although the current tax policy stimulates the development of education and science, there are certain problems, such as securing donations, assessing the efficacy of tax incentives in covering students' higher education costs and their role in promoting tax avoidance schemes. These problems could be solved by introducing certain changes in the taxation policy.

Keywords

EN

TAX POLICY; TAXES & EDUCATION AND SCIENCE DEVELOPMENT

Discipline

• ECONOMICS: ECONOMICS

• Publisher: EPC Ltd (Economic Prognosis Centre), Riga, Latvia (till March 2009 - Institute of Economics, Latvian Academy of Sciences, Ltd)
• Journal: Humanities and Social Sciences: Latvia
• Year: 2007
• Issue: 2(51)
• Pages: 76-88
• Document type: ARTICLE

Contributors

author

Skapars R.

author

Orehova A.

• R. Skapars, University of Latvia, Faculty of Economics and Management, 5 Aspazijas bulvaris, Riga, LV 1050, Latvia

Identifiers

CEJSH db identifier

08LVAAAA03797615