Problems of taxation of educational institutions at the modern stage of development of the economy of Azerbaijan

Today, the education system to a large extent characterizes the quality of life of the population, creating the starting conditions for the development of the human and economic potential of the country. The legislation of the Republic of Azerbaijan on Education states that education is defined as a socially significant good, a focused process of education and training in the interests of a person, family, society, and the state. That is why the development of the educational sphere is the most important area of activity of the state. Recently, the education sector in Azerbaijan underwent a qualitative reform in the form of a change in the legislative framework, a change in the orientation, goals and objectives of the educational process, a change in the funding mechanism for education, etc. The Tax Code of the Republic of Azerbaijan and the laws adopted in accordance with it contain provisions defining the specifics of taxation in educational institutions. It should be noted that the taxation of educational institutions is a dynamically developing institution of tax law, as it has been subject to a number of changes in legislation and law enforcement practice. In addition, through the implementation of all the functions of taxes, including fiscal, regulatory, reproduction, taxes are perceived as an effective mechanism for influencing the country's economy. Moreover, most of the leading foreign countries of the world consider education as a specific sector of the economy.