TAX POLICY IN THE AGRO-INDUSTRIAL COMPLEX AS THE FACTOR IN ENSURING CONDITIONS FOR SUSTAINABLE ECONOMIC GROWTH

Issue № 11, 2024, article № 3, pages 24-35

Section: Investment and innovation in agriculture

Language: Russian

Original language title: НАЛОГОВАЯ ПОЛИТИКА В АПК КАК ФАКТОР ОБЕСПЕЧЕНИЯ УСЛОВИЙ УСТОЙЧИВОГО ЭКОНОМИЧЕСКОГО РОСТА

Keywords: AGRO-INDUSTRIAL COMPLEX, INSTRUMENTS OF TAX REGULATION, TAX BURDEN, TAX POLICY, REFORM OF THE TAX SYSTEM, SUSTAINABLE ECONOMIC GROWTH, ECONOMIC MECHANISM

Abstract: The article is devoted to the study of tax policy tools in agriculture to ensure sustainable economic growth. The author assessed the consequences of reforming tax policy in the agro-industrial complex with the help of various tools for regulating tax relations, which made it possible to establish the positive impact on the production of agri-food products, increase the investment attractiveness of the agro-industrial complex and identify gaps in tax policy. The analysis of the effectiveness of tax policy in the agricultural sectors was carried out using indicators of the level of tax burden, indices of production and investments in fixed assets. The assessment of the influence of factors on the formation of the tax burden in the agricultural sector was carried out by groups of regions with a low tax burden, medium and above average. This assessment revealed that the use of tax policy tools such as tax benefits, preferences and the creation of preferential tax territories allowed most regions to profit from agricultural production, be profitable and provide most of the tax revenues to the budget. At the same time, the analysis of tax policy instruments showed that, despite the large number of tax benefits and preferences, the creation of favorable conditions for agricultural business, many of them are imperfect due to the lack of the systematic approach in their formation. Thus, it is necessary to develop comprehensive and systematic measures to create the balanced mechanism for tax regulation in agriculture. For these purposes, it is necessary to create the ecosystem model based on the digital platform AIS Tax-3, uniting tax authorities, taxpayers and other external institutions for the transparency of tracking tax flows across all commodity chains and will help to set up tax policy instruments to create conditions for sustainable economic growth.

Authors: Zaruk Natalia Fedorovna