Tax policy efficiency in agriculture of Ukraine

Economic Annals-ХХI: Volume 151, Issue 5-6, Pages: 49-52

Citation information:
Tulush, L. (2015). Tax policy efficiency in agriculture of Ukraine. Economic Annals-XXI, 5-6, 49-52. https://ea21journal.world/index.php/ea-v151-12/

Leonid Tulush
PhD (Economics),
Associate Professor,
Institute of Agrarian Economics
10 Heroiv Oborony Str., Kyiv, 03680, Ukraine
tulush@ukr.net

Tax policy efficiency in agriculture of Ukraine

Abstract. This article provides assessment of the tax policy efficiency in the agricultural sector of Ukraine. Overview of existing approaches to evaluating the impact of tax incentives for making production and investment decisions is presented. Specific features of agricultural activity, which determines the need for special tax mechanisms, are outlined.

We have studied characteristics of special tax regimes applied in Ukraine: the procedure for the simplified tax regime for agricultural income from the land valuation and the special provisions of VAT treatment. A share of indirect financial support obtained through special tax regimes relevant to the total amount of state financial support of agricultural production in Ukraine is determined. Efficiency of special taxation of agricultural activities, particularly in terms of increase in production incentives and competitiveness of domestic agricultural products is analyzed. Actual problems of application of special tax regimes in agriculture are revealed with the relevant approaches to solving them. Directions for further improvement of special taxation mechanisms of agricultural activities in order to increase their efficiency are outlined.

Keywords: Tax Policy; State Financial Support; Special Taxation Modes; Investment Activity; Agricultural Sector; Ukraine

JEL Classification: H21; H23; H25; H30

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Received 22.04.2015