This article examines spatial development from the point of view of tax incentives, approaches, methods of study and its aspects. This study examines issues in terms of the distinctive features of such definitions as «territorial development», «regional development» and «cluster development», their focus and strategic objectives that are interconnected with spatial development. The essence of spatial development is revealed through the evolution of tax instruments used for economic growth in terms of investment and innovation of specific entities and territories. Comparative analysis of spatial development links allows us to note the complexity of emerging relationships between various aspects of the economy, which indicates the need for an integrated approach to solving issues of innovation and investment policy of the state. This article presents an analysis of foreign practice in terms of using spatial development as a tool for tax incentives for various territories with low and high economic growth rates to minimize differentiation between regions and solve strategically important tasks.
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