TRANSACTIONS WITH THE BUDGET OF AGRICULTURAL FARMS IN MODERN ECONOMIC CONDITIONS

Abstract

The article is devoted to topical issues of calculations with the budget of farms in modern economic conditions, which include the payment of taxes. The purpose of the study is to consider the features of calculations with the budget of farms in modern conditions and the proposed ways to improve them. To achieve this goal, general scientific research methods were used. Farming is a form of entrepreneurial activity of citizens with or without the creation of a legal entity who have expressed a desire to produce marketable agricultural products, process and sell them in order to make a profit on land provided for family farming. The relevance of the study lies in the characteristics of taxation in Ukraine, it is determined that the country uses a general and simplified system of taxation of farms, which they can choose independently according to the criteria of their activities. The vast majority of farms choose a simplified system of taxation if its activities meet the established criteria. According to our assessment, the most acceptable for both farms – sole proprietors, and for farms – legal entities are 4 groups of taxpayers in the simplified system, as the tax is differentiated (depending on land area), personal income tax and military duty are not paid, and when paying the Single Social Contribution, you can take advantage of benefits from the state. The world experience of taxation and state support of farms on the example of France, the USA and Canada was also studied and the ways of improvement of calculations with the budget of farms of Ukraine were offered. In developed countries, the existing support programs are related to the agricultural sector and farmers, provide tax benefits and subsidies, which greatly simplifies the management of this area. In our opinion, the economy of Ukraine does not yet have a sufficiently formed legal and institutional framework for the formation of a stable balance of production and perfect implementation of corporate taxation. And farm support needs reform and investor support together with the Ukrainian State Farm Support Fund.