Abstract: The object of the research is the taxation system of the Kyrgyz Republic. The subject of the research is the approaches to organising tax incentives of economics as well as measures to improve mechanisms of tax administration and control. Based on the analysis of the tax burden in the Kyrgyz Republic as well as the tax burden on key industries, Krasnov defines efficiency of mechanisms for stimulating economic growth and their adequacy to the principles of taxation. Particular attention is paid to to the additional measures being developed to stimulate the economy and assessment of their impact on the development of the agricultural sector. In the course of the research the author has applied general research methods (analysis, synthesis, description and generalization), comparison method and grouping method. The article reveals the specifics of the policy of stimulating economic growth, manifested in the excessive weakening of the tax press, which leads to a decrease in budget revenues. It is established that the introduction of additional incentive measures leads to a violation of the principles of fairness and the presumption of good faith. Moreover, the stimulating function of taxation is lost, because due to low rates of land tax, the owners of agricultural land are not interested in increasing their effective use. In view of the identified problems, the main directions for improving the tax policy, suggesting an increase in the efficiency of taxation and administration mechanisms, are proposed. The results of the research can be used as a tool for ongoing research, as well as in the process of improving tax policy, since specific recommendations were formulated in the framework of the study.