Ukrainian Black Sea Region Agrarian Science

Abstract

The agricultural sphere in Ukraine is one of the main spheres of activity and belongs to the priority components of the country's national security. However, at the current stage of development, this area operates with significant inconsistencies, and the products produced are not always competitive in foreign markets due to non-compliance with the quality standards of foreign countries. It is possible to improve the state of affairs in the direction of intensification of agricultural activity with the help of stimulating levers of the tax system. Because the high tax burden, which the multiplicity of taxes provides to business entities, reduces the amount of their financial resources, which could potentially be used to update production capacities, improve production technologies, and increase the level of its innovation, etc. In addition, indirect taxes, in particular value added tax (VAT), significantly increase the cost of manufactured products and reduce their competitiveness in domestic markets. Thus, the purpose of the article is to analyze the situation in agricultural production and determine the factors of its desired transformation in the sphere of functioning of the tax system in order to stimulate the promotion of the development of this industry. Therefore, it is necessary to find out the main indicators of the economic, social and fiscal efficiency of the functioning of enterprises in the agrarian sphere and to indicate potentially relevant directions of development of the studied industry from the point of view of the transformation of the tax system. The article examines the current state of functioning of agricultural production in Ukraine from the point of view of economic, social and fiscal efficiency. Current trends in the transformation of the tax system in the conditions of the transitional economy of Ukraine are presented, which in the near future and in the long term encourage the industry to qualitatively new development

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