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Justification of the Land Tax Structure in the Context of Efficient Use of Land Resources

Journal: Accounting and Finance (Vol.1, No. 79)

Publication Date:

Authors : ;

Page : 93-98

Keywords : agricultural land; land tax; rent; soil fertility; soil classification; mineral fertilizers; land protection measures;

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Today, it is becoming increasingly obvious that without the development of financial levers and new methodical approaches to the calculation of land payments it is impossible to ensure the effective use of agricultural land. Financial regulators need to be introduced, which will stimulate production activities, along with maximizing the preservation of reproductive properties of land resources, and will provide financing for land protection measures. The purpose of the article is to substantiate the approach to the calculation of land tax, as the main source of financing for land protection measures. The problems of formation of payment for the agricultural land use were investigated. It was revealed that tax instruments and levers should take into account the factors of plant life. In this regard, it was proved that in order to increase the stimulating role of land tax in the reproduction of land, the methodology for its calculation should be brought into line with the change in the bonitet index of leased land. The influence of four components of soil fertility on the improvement of 1 point of bonitet was evaluated. The necessity of compulsory agrochemical certification of agricultural land at the start and at the end of the term of their use by the tenant was noted. The dynamics of changes in prices for mineral fertilizers was disclosed. As the results of the analysis show, if the tax rate has fixed measure the land tax ceases to fulfill its key function of stimulating the efficient use of land resources. Therefore, the tax should be dependent on crop rotations and the costs of the elements used by the plant to form the crop. To accumulate financial resources for the reproduction of land resources proposed to create the Land Innovation Fund.

Last modified: 2018-05-14 17:10:06