University of agribusiness and rural development, Fiscal policy, globalization and economic growth: sustainable development challenges and perspectives

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BUDGET-AND-FISCAL STIMULATION OF THE IMPLEMENTATION OF INNOVATIVE AGRICULTURAL PROJECTS
Lesia Kucher

Last modified: 2020-02-27

Abstract


One of the directions of activization of agricultural enterprises for the implementation of innovative projects is budget-fiscal stimulation. Scientists have substantiated the unevenness of the tax environment for agribusiness entities of various organizational-and-legal forms as a result of the use of unified tax tools, in particular, the release of Ukrainian agricultural enterprises from taxation of profits, regardless of the direction of its further use (Tulush, 2017). Therefore, it is necessary to introduce a differentiated approach to taxation of different groups of agricultural producers. Under these conditions, it becomes possible to practically implement modern mechanisms of tax stimulation of innovative activity of agricultural enterprises (Marchenko, Tkachenko, 2013). It also actualizes the problem of state financial support for the implementation of innovative agricultural projects, especially under conditions of industry of 4.0 (Kucher, 2018).


Keywords


fiscal stimulation, budgetary financial support, innovative agricultural projects, Ukraine