IDEAS home Printed from https://ideas.repec.org/a/iaf/journl/y2016i4p87-91.html
   My bibliography  Save this article

Problems of Excise Taxation of the Agrarian Business in Ukraine

Author

Listed:
  • Petro Borovyk

    (Uman National University of Horticulture, Uman, Ukraine)

  • Volodymyr Slipchenko

    (Uman United State Tax Inspection, Uman, Ukraine)

  • Dina Kishchuk

    (Uman National University of Horticulture, Uman, Ukraine)

Abstract

The purpose of the article is to highlight problems of excise taxation of agricultural producers in Ukraine and to prove potential solutions of the problem. It clears up the framework for collection of excise from agricultural producers. Using the entity being researched as an example, the author assesses the dynamics of tax burden and profitability of sale of agricultural products due to inclusion of agricultural producers that sale fuel into the category of excise tax payers. It analyses the extent, to which agricultural entities satisfy the requirements imposed in relation to excise taxation, substantiates consequences of such tax innovation and proves the necessity to cancel requirements to agrarian sector participants to be registered as excise tax payers and to issue excise consignment note. It was found that changes in excise taxation shall induce agrarians either to reduce production volumes or not to account for transactions related to purchase of fuel for replenishing leased machines. It is, in its turn, shall result in reduction of tax proceeds to the budget.

Suggested Citation

  • Petro Borovyk & Volodymyr Slipchenko & Dina Kishchuk, 2016. "Problems of Excise Taxation of the Agrarian Business in Ukraine," Oblik i finansi, Institute of Accounting and Finance, issue 4, pages 87-91, December.
    • Handle: RePEc:iaf:journl:y:2016:i:4:p:87-91
    as

    Download full text from publisher

    File URL: http://www.afj.org.ua/pdf/431-problemi-akciznogo-opodatkuvannya-agrarnogo-biznesu-v-ukraini.pdf
    Download Restriction: no
    File URL: http://www.afj.org.ua/en/article/431/
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Hennadiy Mazur, 2013. "Tax Leverage of Financial-and-Economic Mechanism for Stimulating Development of Agricultural Industry in Ukraine," Oblik i finansi, Institute of Accounting and Finance, issue 3, pages 76-80, September.
    2. Guntram Wolff, 2007. "Foreign Direct Investment in the Enlarged EU: Do Taxes Matter and to What Extent?," Open Economies Review, Springer, vol. 18(3), pages 327-346, July.
    3. Tetyana Kaminska & Olha Ilchak & Nina Dvornik, 2016. "Tax Optimization Model for Agricultural Cooperatives," Oblik i finansi, Institute of Accounting and Finance, issue 3, pages 84-88, September.
    4. Viktor Synchak, 2012. "Development of Simplified Tax System in the Context of Small Business State Support and Stimulation of Employment," Oblik i finansi, Institute of Accounting and Finance, issue 4, pages 50-58, December.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Elisabeth Christen & Martin Falk, 2020. "Auswirkungen der EU-Mitgliedschaft auf ausländische Greenfield-Direktinvestitionen," Monetary Policy & the Economy, Oesterreichische Nationalbank (Austrian Central Bank), issue Q1-Q2/20, pages 110-121.
    2. Oleksandr Kramarov, 2018. "Justification of the Land Tax Structure in the Context of Efficient Use of Land Resources," Oblik i finansi, Institute of Accounting and Finance, issue 1, pages 93-98, March.
    3. Jochem Axel, 2010. "International Financial Competitiveness and Incentives to Foreign Direct Investment," Journal of Economics and Statistics (Jahrbuecher fuer Nationaloekonomie und Statistik), De Gruyter, vol. 230(1), pages 42-58, February.
    4. Herrmann, Sabine & Winkler, Adalbert, 2009. "Real convergence, financial markets, and the current account - Emerging Europe versus emerging Asia," The North American Journal of Economics and Finance, Elsevier, vol. 20(2), pages 100-123, August.
    5. Polemis, Michael L. & Fafaliou, Irene, 2015. "Electricity regulation and FDIs spillovers in the OECD: A panel data econometric approach," The Journal of Economic Asymmetries, Elsevier, vol. 12(2), pages 110-123.
    6. Dorota Wawrzyniak, 2013. "Opodatkowanie przedsiębiorstw jako determinanta bezpośrednich inwestycji zagranicznych w krajach Unii Europejskiej," Gospodarka Narodowa. The Polish Journal of Economics, Warsaw School of Economics, issue 3, pages 37-55.
    7. Lars P. Feld & Jost H. Heckemeyer, 2011. "Fdi And Taxation: A Meta‐Study," Journal of Economic Surveys, Wiley Blackwell, vol. 25(2), pages 233-272, April.
    8. Francesco Guidi & Rakesh Gupta & Suneel Maheshwari, 2011. "Weak-form Market Efficiency and Calendar Anomalies for Eastern Europe Equity Markets," Journal of Emerging Market Finance, Institute for Financial Management and Research, vol. 10(3), pages 337-389, December.
    9. Baskaran, Thushyanthan & Lopes da Fonseca, Mariana, 2013. "The economics and empirics of tax competition: A survey," University of Göttingen Working Papers in Economics 163, University of Goettingen, Department of Economics.
    10. Åsa Hansson & Karin Olofsdotter, 2014. "Labor Taxation and FDI Decisions in the European Union," Open Economies Review, Springer, vol. 25(2), pages 263-287, April.
    11. Joseph Daniels & Patrick O’Brien & Marc Ruhr, 2015. "Bilateral tax treaties and US foreign direct investment financing modes," International Tax and Public Finance, Springer;International Institute of Public Finance, vol. 22(6), pages 999-1027, December.
    12. Vuta Mariana & Lazar Paula & Vuta Mihai, 2012. "Fiscal Competition And Direct Foreign Investments: Romania Versus Poland," Annals of Faculty of Economics, University of Oradea, Faculty of Economics, vol. 1(2), pages 527-532, December.
    13. Burcak Polat, 2017. "Financial components of FDI and choice of capital structure: an analysis for 30 OECD countries," Applied Economics, Taylor & Francis Journals, vol. 49(19), pages 1901-1912, April.
    14. Sabine Herrmann & Adalbert Winkler, 2009. "Financial markets and the current account: emerging Europe versus emerging Asia," Review of World Economics (Weltwirtschaftliches Archiv), Springer;Institut für Weltwirtschaft (Kiel Institute for the World Economy), vol. 145(3), pages 531-550, October.
    15. Tetyana Tomnyuk, 2016. "Fiscal Tool for Overcoming Poverty in Ukraine," Oblik i finansi, Institute of Accounting and Finance, issue 4, pages 114-118, December.
    16. Florin Aliu & Adriana Knápková & Hoang Khang Tran & Bashkim Nurboja, 2020. "Modeling the Equilibrium Price of the Companies Listed in the Prague Stock Exchange," Acta Universitatis Agriculturae et Silviculturae Mendelianae Brunensis, Mendel University Press, vol. 68(4), pages 731-739.
    17. Lenka Janíčková & Veronika Baranová, 2013. "Vliv efektivních daňových sazeb a jejich komponent na přímé zahraniční investice - případ členských zemí EU [Impact of Effective Tax Rates and Its Components on Foreign Direct Investment - The Case," Politická ekonomie, Prague University of Economics and Business, vol. 2013(2), pages 209-228.
    18. Ines Kersan-Škabić, 2015. "The Importance of Corporate Taxation for FDI Attractiveness of Southeast European Countries," Panoeconomicus, Savez ekonomista Vojvodine, Novi Sad, Serbia, vol. 62(1), pages 105-122, March.
    19. Regling, Klaus & Deroose, Servaas & Felke, Reinhard & Kutos, Paul, 2010. "The Euro After Its First Decade: Weathering the Financial Storm and Enlarging the Euro Area," ADBI Working Papers 205, Asian Development Bank Institute.
    20. Svitlana Kucherkova, 2017. "Using Information Technologies for the Promotion of Small Business: Foreign Experience," Oblik i finansi, Institute of Accounting and Finance, issue 1, pages 161-167, March.

    More about this item

    Keywords

    taxation of agricultural enterprises; excise tax; excise bill; Unified Register of excise bills; tax regulation;
    All these keywords.

    JEL classification:

    • E62 - Macroeconomics and Monetary Economics - - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook - - - Fiscal Policy; Modern Monetary Theory
    • H25 - Public Economics - - Taxation, Subsidies, and Revenue - - - Business Taxes and Subsidies

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:iaf:journl:y:2016:i:4:p:87-91. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Serhiy Ostapchuk (email available below). General contact details of provider: https://edirc.repec.org/data/iafkvua.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.