Abstract
In the article the problem of selection of state support forms for the agricultural sector is considered as one of the most important sectors of economics. Main purpose of the article is to determine the tax areas in Belarus taking into account international experience in taxation and subsidies of farmers, and processes of integration in the Eurasian Economic Union (EAEU). Agriculture with its sector particularity, social importance in solving problems of poverty, economic growth and food security is defined as a priority area of government funding. Main characteristics of tax incentives in developed countries were summarized based on national tax laws. It was concluded that, despite the preferential subsidies of the agricultural sector, tax regulators were widely used by different countries that allowed taking into account national particularity and priorities. Article reviewed current situation in the agricultural sector of the Republic of Belarus. Were studied directions of government financing of agriculture and peculiarities of its taxation. In the article were also generalized forms of tax exemptions for the producers of agricultural output. Were analyzed special tax regimes for agricultural organizations and peasant (farmer) households. Due to the active participation of the Republic in the integration entities were analyzed as well external factors, which influenced strategy of agricultural financing: commitments to reduce budget funds and taxes on farmers within the EAEU. Conclusions on need of reviewing mechanisms of national tax incentives were made, based on its effectiveness assessment and widening of the range of actions.
Highlights
In the XXI century agricultural policy remains an essential instrument for achieving sustainable development and poverty reduction
At the same time creation of an attractive investment environment in the agricultural market contributes to the growth of gross domestic product, and to reduction in unemployment, income and living standards increase in rural areas, growth of gross national income by an amount greater than the initial increase in investments, which is called «the effect of multiplier». As it noted in the report «Agriculture for Development» of the World Bank in 2008, the growth of gross domestic product (GDP) in agriculture is at least twice as effective in fighting poverty as growth in other sectors of the economics2
Realizing the importance of conducted researches and the value of the results, it is necessary to note that the issues of agricultural sector taxation in conditions of integration processes deepening, ensuring of food security of the Belarusian economics require further reflection and development of new effective financial forms and instruments, corresponding trends of the world economic thought
Summary
In the XXI century agricultural policy remains an essential instrument for achieving sustainable development and poverty reduction. At the same time creation of an attractive investment environment in the agricultural market contributes to the growth of gross domestic product, and to reduction in unemployment, income and living standards increase in rural areas, growth of gross national income by an amount greater than the initial increase in investments, which is called «the effect of multiplier» As it noted in the report «Agriculture for Development» of the World Bank in 2008, the growth of gross domestic product (GDP) in agriculture is at least twice as effective in fighting poverty as growth in other sectors of the economics. Growth and competitiveness, are in the spotlight of the state, science and business
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