scholarly journals DEVELOPMENT PROSPECTS OF INCENTIVE TAXATION MECHANISMS OF BUSINESS ENTITIES IN AGRICULTURAL SECTOR OF THE ECONOMY

2021 ◽  
Vol 2 (99) ◽  
pp. 132-143
Author(s):  
O. O. Nepochatenko ◽  
◽  
P. K. Bechko ◽  
S. A. Vlasiuk ◽  
O. V. Ponomarenko ◽  
...  
Keyword(s):  
Financial Support ◽  
Agricultural Sector ◽  
Tax Incentives ◽  
Agricultural Products ◽  
Tax System ◽  
Incentive Mechanisms ◽  
Tax Incentive ◽  
Business Entities ◽  
Livestock Products ◽  
Development Prospects

In the contemporary world, the agricultural industry faces a system call, which priority is to resolve the problem of a new high-quality model of development with the use of state financial support, which main tool is tax incentives based on a differentiated approach depending on the specific amounts of direct state financial support that is received by each business entity. The contemporary nature of development mechanism for incentive taxation of economic entities in agricultural sector of the economy is under constant review of both theorists and practitioners who study the taxation problems of farmers. However, solution to this issue for national farmers in current situation has not yet been completely researched; they require further study, using both foreign and native experience in order to implement it in national tax system. To justify the theoretical aspects of the development prospects of tax incentive mechanisms, best practices have been used, developed by both international and native practice of the tax system and scientific progress of foreign and native scientists who researched the development of tax incentive mechanisms for business entities in agricultural sector of the economy. It was proved that in order to improve taxation and tax incentives for farmers, it becomes necessary to clarify the criteria for classifying business entities in the industry as agricultural manufacturers. Unreasonably, economic entities that process agricultural products are not included in the Tax Code. Considering this, within years, the number of imported agricultural products, including livestock products, has been increasing. The result was a new author’s approach to dealing with the development prospects of tax incentives mechanism for business entities in the agricultural sector of the economy. So, at the legislative level, it is necessary to make amendments to the Tax Code of Ukraine on taxation of agrarians with a single tax (fourth group), depending on their specialization, by providing preferences to agricultural producers for the production of livestock products and their processing.

scholarly journals Simplified taxation as an element of tax incentives for agricultural entities

2021 ◽  
Vol 2 (99) ◽  
pp. 247-259
Author(s):  
P. K. Bechko ◽  
◽  
N. V. Bondarenko ◽  
V. P. Bechko ◽  
S. A. Vlasiuk ◽  
...  
Keyword(s):  
Agricultural Sector ◽  
Agricultural Land ◽  
Digital Technologies ◽  
Tax Incentives ◽  
Production Volume ◽  
Economic Sectors ◽  
Tax System ◽  
Business Entities ◽  
National Tax ◽  
Entire Amount

An author's approach to the application the simplified taxation for farmers that is legally contained in the Tax Code of Ukraine has been developed and systematized in the paper. It is determined that tax incentives for farmers are applied through the use of a simplified taxation system, which purpose is commonly agreed state interests and the economic growth of taxpayers. Priorities have been identified that determine the lasting economic expansion of agricultural production, aimed at increasing the production volume and sales. It was also pointed out that the essential to the creation tax incentives mechanism for the agricultural sector is an effective tax administration, through which the resistance and stability of the tax system is ensured. The main assignment of the current tax tools for encouraging economic sectors has been formed, which is defined as monitoring of the incentives effectiveness. The influence on the taxation of business entities in the agricultural sector, which is reflected in the administration and management of the tax system, in particular, the application of digital technologies, has been determined. It is noted that the introduction of digital technologies into the taxation provides the capacity for monitoring has increased due to the increase in technology, hardware and software for inspection, processing, transferring and analyzing information with a decrease in human participation and an increase in the objectivity of control. Moreover, the strategy of tax incentives for the growth of the agricultural sector, which should be introduced into the national tax system, is of great importance in the taxation of economic entities in the agricultural sector of the economy. A mechanism for taxation with flat tax was created, in which the entire amount of the tax liability remained at the disposal of the agricultural enterprise and was directed to expanded reproduction. It is determined that an important prerequisite for improving tax incentives for the agricultural sector is the effective land use by business of all forms of management. It was also proposed to use the increase coefficients for the land (single) fourth group of tax for the misuse of agricultural land.

scholarly journals Scientific and technical results of agro-engineering scientific institutions for the production of main groups of agricultural products

2021 ◽  
pp. 4-11
Author(s):  
Yu.F. Lachuga ◽  
◽  
A.Yu. Izmailov ◽  
Ya.P. Lobachevsky ◽  
Yu.Kh. Shogenov ◽  
...  
Keyword(s):  
Agricultural Sector ◽  
Research Work ◽  
Agricultural Products ◽  
Scientific Institutions ◽  
The Russian Federation ◽  
Livestock Products ◽  
Academy Of Sciences ◽  
Supply Systems ◽  
Energy Supply Systems ◽  
Modern Machine

The main results of 2020 research work performed by scientific agroengineering institutions of the Ministry of Science and Higher Education of the Russian Federation, which are under the scientific and methodological guidance of the Department of Agricultural Sciences of the Russian Academy of Sciences on the section of mechanization, electrification and automation in the development of modern machine technologies, energy-rich technology, robotic technical means and digital technologies for the production of the main types of competitive crop and livestock products, as well as on the creation of efficient energy supply systems and renewable energy in the agricultural sector of production, mobile energy sources, and management systems for mobile energy facilities in the agricultural sector based on artificial intelligence, are presented.

scholarly journals FINANCIAL SUPPORT FOR THE REPRODUCTION OF BALANCED AGRICULTURAL LAND USE

2021 ◽  
Author(s):  
Nadiia Davydenko ◽  
Olena Zhovnirenko ◽  
Olha Kliuchka
Keyword(s):  
Land Use ◽  
Financial Support ◽  
Agricultural Sector ◽  
Agricultural Land ◽  
Tax Incentives ◽  
The State ◽  
Agricultural Land Use ◽  
Minimal Impact ◽  
Balanced Development ◽  
Credit Mechanism

An important component of forming the basis for the balanced development of the domestic agricultural sector is the reproduction and protection of land resources. A significant part of the problems here are directly related to the insufficiency and inefficiency of financial support for agricultural land use. The purpose of the article is to reveal the financial and credit mechanism for ensuring balanced land use and to develop proposals for improving the financial support for the reproduction and protection of agricultural land through the introduction of tax incentives. The financial and credit mechanism for stimulating balanced agricultural land use can be defined as structurally complex and diversified; it has its own features to ensure its implementation and influence on the subjects of financial and credit relations in the direction of regulating their activities. It is established that financial relations in agricultural land use combine a very large chain of relationships between the state, enterprises, individuals and financial institutions in terms of financial support for the reproduction of agricultural land use. The financial and credit mechanism for stimulating balanced agricultural land use can be defined as structurally complex and branched; it has its own features to ensure its implementation and influence on the subjects of financial and credit relations in the direction of regulating their activities. It is proved that it is necessary to create such conditions of management that unbalanced use of land became economically unprofitable. The level of profitability and income of land users should become dependent on the degree of achievement of balanced agricultural land use, which is determined by a set of agrochemical indicators of the quality of land used for agricultural activities. In order to financially ensure the reproduction of balanced agricultural land use, the introduction of tax incentives is proposed. These include the formation of general favorable tax conditions for enterprises in the agricultural sector of the economy and the introduction of targeted tax benefits. It is established that the use of the above financial and credit levers and incentives for the development of balanced land use is the most accepted in today's challenges, because it has minimal impact on the expenditure side of the state budget.

scholarly journals An Analysis of Socio-Economic Objectives of India’s Tax Policy

2015 ◽  
Vol 2 (2) ◽  
Author(s):  
K V Bhanu Murthy
Keyword(s):  
Tax Policy ◽  
Tax Incentives ◽  
Tax Credits ◽  
State Governments ◽  
Investment Climate ◽  
Public Authorities ◽  
Tax System ◽  
Effective Instrument ◽  
The Government ◽  
Business Entities

The Indian tax system has successfully mobilised resources to finance administrative, welfare and developmental activities of public authorities. Besides being the main source of revenue for both Central and State Governments, it is an effective instrument to realise various socio-economic objectives of national policies. Further, tax policy is an important determinant of the investment climate in a country. This paper looks at the socio-economic objectives that the tax policy intends to achieve along with the steps taken to restructure the tax system in accordance with these objectives. Tax laws in India are replete with various exemptions, concessions, deductions, allowances, tax credits etc. to promote a host of desirable economic and social activities. These tax incentives encourage individuals and business entities to undertake activities desired by the government.

scholarly journals Tax Incentives for Business Entities of Agricultural Sector as a Part of a Regulatory Mechanism: Best Practices

2019 ◽  
Vol 15 (1) ◽  
pp. 13-20
Author(s):  
Petro Bechko ◽  
◽  
Lesia Barabash ◽  
Maksym Kobylianskyi ◽  
Yulia Nahorna ◽  
...  
Keyword(s):  
Best Practices ◽  
Agricultural Sector ◽  
Regulatory Mechanism ◽  
Tax Incentives ◽  
Business Entities

On the Development Perspectives of the Kazakhstan Agro-sector

2020 ◽  
Vol 11 (2) ◽  
pp. 410
Author(s):  
Shyryn M. KANTARBAYEVA ◽  
Ainur Ye. KAIYRBAYEVA ◽  
Gaukhar M. RAKHIMZHANOVA ◽  
Maxat S. MYKHYBAYEV
Keyword(s):  
Economic Growth ◽  
Agricultural Sector ◽  
Industrial Sector ◽  
Agricultural Products ◽  
Trade Relations ◽  
Agrarian Economy ◽  
The Republic ◽  
Political Economic ◽  
Development Prospects ◽  
The Silk Road

The development of the economy in Kazakhstan is associated with the production level and economic growth in the agricultural sector. This attracts the attention of countries willing to invest in the agro-industrial sector of the republic. At the same time, it should be understood that much depends on the conditions that have been developed in the production and export of agricultural products and provisions. The development of the agrarian economy of the republic is greatly influenced by the development of this sphere in the nearest partner countries in political, economic and trade relations, such as Russia, Belarus and China. Within the initiative to revive the Silk Road, the Celestial Empire has a significant impact on the development prospects of Kazakhstan, including agrarian economy as well.  

scholarly journals РОЗВИТОК НАУКОВИХ ПОЛОЖЕННЯ СПРАВЕДЛИВЕ ЦІНОУТВОРЕННЯ В РЕСПУБЛІЦІ БІЛОРУСЬ

2021 ◽  
pp. 86-93
Author(s):  
Світлана Василівна Макрак ◽  
Алла Михайлівна Тетёркина ◽  
Ірина Миколаївна Кохнович
Keyword(s):  
Value Chain ◽  
System Analysis ◽  
Agricultural Sector ◽  
State Regulation ◽  
Agricultural Products ◽  
Fair Price ◽  
Pricing Policy ◽  
Theoretical Approaches ◽  
The Republic ◽  
Business Entities

Insufficient efficiency of agriculture, its place and role in the system of the national economy predetermine the need to develop scientific provisions for the fair prices formation within the framework of relations between participants in the agri-food market. Purpose of article. Determine the fair price concept specifics for agricultural products, substantiate the functions and factors of its formation, identify the shortcomings of the current pricing policy in the agricultural sector of Belarus, formulate directions for improving the mechanism of state regulation of the industry development. The object of research is the mechanism of pricing for agricultural products in the Republic of Belarus. Methods used in research. The theoretical and methodological basis for the study was the domestic and foreign scientists works on pricing and the formation of the food cost. During the research, the following methods were used: monographic, abstract-logical, normative, synthesis and system analysis, etc.  The hypothesis of the study. Achieving fair prices for rural products requires improving the practice of determining them. Presentation of the main material. The article presents the author's position in relation to the development of scientific and methodological approaches to fair pricing of agricultural products, which are based on the analysis of the agri-food products multi-link value chain. Originality and practical value. The scientific novelty of the research lies in the substantiation of theoretical approaches, principles and directions for the formation of fair prices for agricultural products, taking into account the specifics of the industry and the emerging intersectoral relations. Conclusions. Achieving a fair price is possible only through the implementation of the principles, laws and regularities of "justice" within the framework of the formation of effective relationships between business entities and the observance of national interests.

scholarly journals ПОДАТКОВІ ІНСТРУМЕНТИ ФІНАНСОВОГО ПІДТРИМКИ МАЛОГО БІЗНЕСУ В РОСІЇ

2021 ◽  
pp. 46-51
Author(s):  
Марина Михайлівна Богданова
Keyword(s):  
Small Business ◽  
Small Businesses ◽  
Financial Support ◽  
Tax Incentives ◽  
The State ◽  
Tax Burden ◽  
Tax Regimes ◽  
Business Entities ◽  
Tax Holidays ◽  
Tax Payments

This article is devoted to the study of the topic of tax levers for regulating the activities of small businesses in Russia. Tax aspects of business are included in the scope of financial support from the state for legal entities and individual entrepreneurs. The aim of the study is to analyze the tax instruments through which the state provides financial support to small businesses. The subject of the research is the measures of state financial support for small businesses in terms of taxation. In the course of the research, such methods were applied as: comparative, statistical, descriptive, analysis and synthesis. Research hypothesis. Identification of the optimal tax instruments for financial support of small business will allow the subjects of this sphere of the economy to function effectively without causing a conflict of interest between entrepreneurship and the state in paying taxes to the budget. Presentation of the main material. Small business entities in the Russian Federation have the right to state support in the form of financial, property, information, and consulting assistance. Financial assistance, as the most significant, consists in the provision of government subsidies, preferential types of loans, tax holidays, special tax regimes, simplified accounting procedures, etc. Tax instruments of financial support are of key importance for business entities, as they allow regulating the tax burden depending on the types of activities, the scale of the organization, the amount of income and many other factors. For Russian business entities, there are 5 taxation regimes, of which one is general and four special (preferential), tax holidays for small businesses and tax incentives for types of taxes. Originality and practical significance of the research. A comparative analysis of special tax regimes showed that the profitability of a particular tax regime is determined by the goals of the business, the scale and scope of activity. Conclusions and prospects for further use. The use of special tax regimes helps to optimize tax payments, and tax incentives reduce the tax burden of business entities. However, in the current conditions of the spread of the pandemic, increased attention from the state to small businesses is required in order to regulate the possible loss of profitability due to the introduction of restrictive measures, and, as a result, a decrease in the population's ability to pay, which, in turn, will negatively affect the replenishment of the country's budget with tax payments.

PROSPECTS FOR DEVELOPMENT OF THE EXPORT POTENTIAL OF THE CROP IN UKRAINE

2018 ◽  
Author(s):  
Viacheslav Pylypenko ◽  
◽  
Inna Hryshchenko ◽  
Keyword(s):  
Growth Rates ◽  
Crop Production ◽  
Agricultural Sector ◽  
Agricultural Land ◽  
Raw Materials ◽  
Agricultural Products ◽  
The Past ◽  
Livestock Products ◽  
Processed Products ◽  
The One

The article analyzes the prospects for the development of the export potential of the crop industry in Ukraine. Based on the analysis of statistical data over the past 20 years, it has been established that the reform of the agricultural sector of the economy, which took place in the early 2000s, led to the creation of large agricultural companies, which concentrated in their hands most of the agricultural land and were able to significantly increase the volume of exports. agricultural products. It was revealed that the growth rates of exports of crop products significantly exceed the growth rates of exports of both products of the agricultural sector as a whole, and exports in general for the Ukrainian economy as a whole. The basis of the export potential is made up of grains and oilseeds. At the same time, it is shown that the last 4 years, the export of oilseeds, and over the last 2 years and cereals to a certain extent, has stabilized, which indicates a possible approach to the border of export opportunities for traditional types of agricultural products. The share of crop production over the past decade has increased by about 3 times, and grain - by 4 times. On the one hand, this is evidence of the growing importance of the agricultural sector of the Ukrainian economy in the national economy, and on the other hand, it is evidence of the fact that our country is a supplier of raw materials. According to the authors, Ukraine has almost reached the export potential of the physical volumes of crop production. Their further increase can lead to serious disruptions in the domestic market and cause a significant reduction in the production of livestock products, which already do not meet the needs of the population in livestock food. Over the past 7 years, the volume of physical exports has grown by 76%, and in value terms - by 43.6%. This is evidence of the fact that building up export potential through increased sales of raw materials is strategically unprofitable. It is concluded that it is necessary to change the structure of exports in favor of processed products of crop production.

scholarly journals Potensi dan Kendala Sistem Resi Gudang (SRG) untuk Mendukung Pembiayaan Usaha Pertanian di Indonesia

2016 ◽  
Vol 29 (2) ◽  
pp. 129
Author(s):  
NFN Ashari
Keyword(s):  
Transaction Costs ◽  
Government Policy ◽  
Financial Support ◽  
Agricultural Sector ◽  
Agricultural Products ◽  
Agricultural Finance ◽  
Improvement Measures ◽  
Potential Benefits ◽  
The Government

<p><strong>English</strong><br />Price fall of agricultural commodities usually taking place during harvest season adversely affect the farmers. The government addresses this issue through launching the Warehouse Receipt System (SRG). This paper critically reviews potencies and constraints of WRS in supporting agricultural finance and its improvement measures. Theoretically, SRG provides potential benefits, especially in financial support, stabilizing price fluctuation, increasing farmers’ income, credit mobilization, improving product quality, etc. However, SRG implementation in the agricultural sector encounters a number of constraints, such as high transaction costs, inconsistency of quantity and quality of agricultural products, lack of bank support, and weak farmers’ institutions. Since the farmers’ institutions are not well organized yet, SRG procedures seem very complicated and need simplification. In addition, SRG promotion and more conducive government policy are also necessary to optimize this credit scheme.</p><p> </p><p><strong>Indonesian</strong><br />Fenomena jatuh harga komoditas pertanian, terutama saat panen raya, seringkali merugikan petani. Untuk mengatasi permasalahan ini sekaligus membantu pembiayaan usaha pertanian pemerintah telah menggulirkan skim pembiayaan dengan Sistem Resi Gudang (SRG). Tulisan ini bertujuan melakukan tinjauan secara kritis terkait potensi dan kendala penerapan SRG untuk pembiayaan sektor pertanian. Hasil studi menunjukkan adanya potensi yang dapat dimanfaatkan dari pelaksanaan SRG utamanya dalam mendukung pembiayaan, minimalisasi fluktuasi harga, peningkatan pendapatan petani, mobilisasi kredit, perbaikan mutu produk dan sebagainya. Namun, implementasi SRG di sektor pertanian masih dihadapkan sejumlah kendala diantaranya besarnya biaya transaksi, inkonsistensi kuantitas dan kualitas produk pertanian, minimnya dukungan lembaga perbankan, serta masih lemahnya kelembagaan petani. Dengan kelembagaan petani belum tertata secara baik, aturan SRG masih dipandang terlalu rumit sehingga diperlukan penyederhanaan prosedur agar SRG dapat dimanfaatkan oleh petani. Disamping itu, sosialisasi keberadaan SRG serta dukungan kebijakan pemerintah yang kondusif akan menjadi faktor penting sehingga SRG dapat diimplementasikan lebih optimal.</p>

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