COMPARATIVE VIEW ON TAX INCENTIVES FOR PROMOTING EDUCATIONAL PROGRAMS AND PROFESSIONAL TRAINING IN THE EUROPEAN UNION

This study analyses tax incentives used by different governments in the European Union in order to facilitate investments in educational programs and professional training in a number of countries, as well as the main advantages and weaknesses of such programs. In particular, the research analyses tax incentives applied to incomes resulting from provision of services pertaining to educational processes, as well as to expenses incurred by individuals or companies in connection to these processes. The study presents the important differences between the countries included in the study in regards to the system of taxation of educational programs and professional training expenses. The study emphasizes on the role of tax incentives in promoting educational programs and professional training and illustrates the fact that tax incentives are appreciated by employers and employees alike, especially for their contribution to reducing education and training costs, as well as to reducing the level of bureaucracy.