IMPROVEMENT OF DEPRECIATION POLICY CONCEPT IN UKRAINE

The article proves that the domestic practice of implementing the concept of depreciation policy Ukraine is ineffective. This justifies the need to rethink and improve the concept of depreciation policy of Ukraine. The results of a comprehensive and systematic analysis of and ways to improve the effectiveness of the investment potential tax depreciation policy as part of the concept of strengthening the impact of taxation on investment activity author developed the concept of tax depreciation policy. It is based on the subordination of tax depreciation policy stimulation to increase efficiency and expand production of business entities, promoting the use of depreciation on fixed assets due to investment tax rebate, tax harmonization and economic depreciation properly reflect the accounting and statistics calculation process and the use of depreciation. The basic measures of improvement of tax depreciation policy in Ukraine. Among them, the authors proposed to adopt the concept of tax depreciation policy; abandon the practice of using tax depreciation for fiscal purposes; introduce a condition requirements, providing investment tax rebate of 100 per cent use of depreciation on capital investment; improve the method of depreciation accelerated by reducing residual value; provide reliable control and recording statistics and information on the calculation and use of depreciation; provide an integrated interdisciplinary approach in education and science issues to the nature and mechanisms of amortization.