Tax incentives for industrial production

2021 ◽  
Author(s):  
Roman Gereev ◽  
Milyausha Pinskaya
Keyword(s):  
Risk Management ◽  
Industrial Production ◽  
Financial Support ◽  
Industrial Development ◽  
Tax Incentives ◽  
The State ◽  
Tax Administration ◽  
Wide Range ◽  
Improve State ◽  
Theoretical Foundations

The monograph is devoted to the analysis of tax incentives, the use of which will help to achieve the economic goals of the state in the field of industrial support. The theoretical foundations of tax incentives for industrial development are considered, the effectiveness of tax incentives is evaluated, and measures to improve state financial support for industrial production are proposed. It is intended for a wide range of readers: specialists involved in tax risk management, economists in the field of industrial production, consultants in the field of taxation and tax administration, students and teachers of economic universities.

scholarly journals FINANCIAL SUPPORT FOR THE REPRODUCTION OF BALANCED AGRICULTURAL LAND USE

2021 ◽  
Author(s):  
Nadiia Davydenko ◽  
Olena Zhovnirenko ◽  
Olha Kliuchka
Keyword(s):  
Land Use ◽  
Financial Support ◽  
Agricultural Sector ◽  
Agricultural Land ◽  
Tax Incentives ◽  
The State ◽  
Agricultural Land Use ◽  
Minimal Impact ◽  
Balanced Development ◽  
Credit Mechanism

An important component of forming the basis for the balanced development of the domestic agricultural sector is the reproduction and protection of land resources. A significant part of the problems here are directly related to the insufficiency and inefficiency of financial support for agricultural land use. The purpose of the article is to reveal the financial and credit mechanism for ensuring balanced land use and to develop proposals for improving the financial support for the reproduction and protection of agricultural land through the introduction of tax incentives. The financial and credit mechanism for stimulating balanced agricultural land use can be defined as structurally complex and diversified; it has its own features to ensure its implementation and influence on the subjects of financial and credit relations in the direction of regulating their activities. It is established that financial relations in agricultural land use combine a very large chain of relationships between the state, enterprises, individuals and financial institutions in terms of financial support for the reproduction of agricultural land use. The financial and credit mechanism for stimulating balanced agricultural land use can be defined as structurally complex and branched; it has its own features to ensure its implementation and influence on the subjects of financial and credit relations in the direction of regulating their activities. It is proved that it is necessary to create such conditions of management that unbalanced use of land became economically unprofitable. The level of profitability and income of land users should become dependent on the degree of achievement of balanced agricultural land use, which is determined by a set of agrochemical indicators of the quality of land used for agricultural activities. In order to financially ensure the reproduction of balanced agricultural land use, the introduction of tax incentives is proposed. These include the formation of general favorable tax conditions for enterprises in the agricultural sector of the economy and the introduction of targeted tax benefits. It is established that the use of the above financial and credit levers and incentives for the development of balanced land use is the most accepted in today's challenges, because it has minimal impact on the expenditure side of the state budget.

scholarly journals REALIZATION OF SUSTAINABLE DEVELOPMENT AIMS FOR INDUSTRY AND INNOVATIONS ON GLOCALIZATION PRINCIPLES

2018 ◽  
Vol 20 (4(69)) ◽  
pp. 7-22
Author(s):  
B.V. BURKINSKYI ◽  
O.I. LAIKO ◽  
M.I. LOSYEV
Keyword(s):  
Sustainable Development ◽  
Economic Development ◽  
Industrial Production ◽  
Industrial Development ◽  
Institutional Development ◽  
The State ◽  
Innovation Activity ◽  
Important Place ◽  
Technological Processes ◽  
Future Economic Development

Topicality. Creating of sustainable infrastructure and promoting of inclusive and sustainable industrialization and innovations is one of the aims of sustainable development of the state, approved by the United Nations, that implemented by the Government of Ukraine as a basis for future economic development policy. In the process of studying of the state's sustainable development, setting aims and finding ways of realization important place takes the research of industrial development and innovations, that takes into account the national specificity of the state's institutional development and the existing socio-economic situation on the principles of glocalization. This will take into account the interests of local communities, involve them in cross-border and international economic relations and will enable them to take part in globalized markets on the basis of local preferences and features.Aim and tasks. The aim of the article is to formulate the conceptual foundations and work out scientifically grounded application tools that are used as a methodological approach to study the existing level of industry and innovation development and to find ways to improve it using billateral joint of local resources and abbilities with preferences and conditions of global markets.Research results. The authors developed a complex of indicators for assessing the level of compliance of national industry, innovations and infrastructure with modern requirements for improving of the economic efficiency and "ecologization" of the economy through resource conservation and reuse of resources on the basis of glocalization. Data from the State Statistics Service of Ukraine, the Ministry of Economic Development and Trade of Ukraine, data from international rating agencies were the basis for the information provision of monitoring of the state of industry, innovations and infrastructure. According to the revealed tendencies, measures are proposed to regulate the development of industrial production, innovations and infrastructure on the principles of glocalization, the introduction of the postulates of the "green" and circular economics, in particular - economic and organizational stimulation of non-waste production through the application of tax holidays, priority in the competition for funding from the State Fund for Regional Development such projects that include non-waste treatment of garbage, complex industrial recycling of secondary or non- raw material without waste generation, as well as on the basis of the introduction of innovative domestic technologies.Conclusion. The revealed patterns of ecologization of domestic industrial production in Ukraine on the basis of glocalization point to the low capacity of industrial non-waste recycling of garbage and the insignificant level of use of circular technologies in the production process, that confirms the fact of uncertainty of terms and prospects of the realization of the idea of decoupling and the introduction of industrial activities on the basis of environmental and the achievement of zero waste level. The implementation of innovations using low-waste, resource-saving technological processes remains at an average-low level and in a year does not exceed 30-35% from the total number of implemented innovative technological processes, while the share of innovation activity and expenses for scientific developments in the total GDP volume is constantly shrinking. The level of penetration of a comfortable and well-developed infrastructure in the areas of infocommunications, in addition to Internet services, and road networks remains rather low and determines the prospects for further growth.

scholarly journals Key accents of agenda of industrial development in Ukraine

2020 ◽  
Vol 4 (92) ◽  
pp. 5-37
Author(s):  
Larysa Zbarazska ◽  
Keyword(s):  
Development Strategy ◽  
Industrial Production ◽  
Industrial Development ◽  
Structural Changes ◽  
Industrial Revolution ◽  
The State ◽  
High Tech ◽  
Market Demand ◽  
Current Crisis ◽  
Sectoral Development

Industry of Ukraine requires cardinal changes both for overcoming of the current crisis phenomena and for providing of favourable conditions for dynamic and effective increase in a long-term prospect. Actuality of problem grows under impact of scale transformations in geopolitical and geoeconomical landscapes. The key trends of industrial development in the world are determined by the processes of introduction of innovative technologies of fourth industrial revolution (4IR). However, at present starting positions of national economy and industry in particular are unfavorable for realization of such projects. The problem of disparity of necessity and possibilities transition of industrial production to the new technological level must be settled by continuous adjustment of industry development strategy and state tactics to the specific national aims and conditions (macroeconomic, institutional, foreign-policy) The aim of this article is to accent attention on actual directions, mechanisms, and instruments, which are most accessible, acceptable (economical and institutional measuring) and effective for realization of industrial development strategy under existing conditions in Ukraine. In the article the "road map" of becoming modern industrial production in Ukraine is offered. It covers five purposeful directions (blocks): science and innovation, finance and investment, institutional, structural changes, and market demand. Within each of them tendencies are analysed and priorities for public industrial policy are formulated. The significance and arguments for the urgent formation of national scientific and innovative potential as a factor in reducing the dependence of production and reproduction processes in industry on external influences are presented. The institutional block covers the issue of uncertainty of strategic prospects of industrial development in Ukraine as a deterrent factor to the necessary transformations. The importance of realization of the strategic role of the state at the present stage of industrial transformations is argued. The objective need to involve big business in the intensification of innovation processes based on various forms of partnership with the state is revealed. Emphasis is placed on the priority tasks of structural and sectoral development in the context of accelerating the implementation of modern technological solutions and product innovations. In particular, the importance of the manufacturing sectors of defence and ICT is accented. The importance of expansion and diversification of domestic and foreign markets for the development of high-tech sectors of in national industry is considered.

scholarly journals ПОДАТКОВІ ІНСТРУМЕНТИ ФІНАНСОВОГО ПІДТРИМКИ МАЛОГО БІЗНЕСУ В РОСІЇ

2021 ◽  
pp. 46-51
Author(s):  
Марина Михайлівна Богданова
Keyword(s):  
Small Business ◽  
Small Businesses ◽  
Financial Support ◽  
Tax Incentives ◽  
The State ◽  
Tax Burden ◽  
Tax Regimes ◽  
Business Entities ◽  
Tax Holidays ◽  
Tax Payments

This article is devoted to the study of the topic of tax levers for regulating the activities of small businesses in Russia. Tax aspects of business are included in the scope of financial support from the state for legal entities and individual entrepreneurs. The aim of the study is to analyze the tax instruments through which the state provides financial support to small businesses. The subject of the research is the measures of state financial support for small businesses in terms of taxation. In the course of the research, such methods were applied as: comparative, statistical, descriptive, analysis and synthesis. Research hypothesis. Identification of the optimal tax instruments for financial support of small business will allow the subjects of this sphere of the economy to function effectively without causing a conflict of interest between entrepreneurship and the state in paying taxes to the budget. Presentation of the main material. Small business entities in the Russian Federation have the right to state support in the form of financial, property, information, and consulting assistance. Financial assistance, as the most significant, consists in the provision of government subsidies, preferential types of loans, tax holidays, special tax regimes, simplified accounting procedures, etc. Tax instruments of financial support are of key importance for business entities, as they allow regulating the tax burden depending on the types of activities, the scale of the organization, the amount of income and many other factors. For Russian business entities, there are 5 taxation regimes, of which one is general and four special (preferential), tax holidays for small businesses and tax incentives for types of taxes. Originality and practical significance of the research. A comparative analysis of special tax regimes showed that the profitability of a particular tax regime is determined by the goals of the business, the scale and scope of activity. Conclusions and prospects for further use. The use of special tax regimes helps to optimize tax payments, and tax incentives reduce the tax burden of business entities. However, in the current conditions of the spread of the pandemic, increased attention from the state to small businesses is required in order to regulate the possible loss of profitability due to the introduction of restrictive measures, and, as a result, a decrease in the population's ability to pay, which, in turn, will negatively affect the replenishment of the country's budget with tax payments.

scholarly journals IMPERATIVES OF BUDGETARY FINANCING OF SOCIAL PROTECTION AND SOCIAL SECURITY IN UKRAINE

2018 ◽  
pp. 28-40 ◽  
Author(s):  
Maria RIPPA
Keyword(s):  
Social Security ◽  
Growth Rates ◽  
Financial Support ◽  
Structural Changes ◽  
Social Protection ◽  
Social Assistance ◽  
The State ◽  
Financial Status ◽  
State Expenditures ◽  
Theoretical Foundations

Introduction. The state of financial provision of social protection at the expense of budgetary funds is an important issue for each state. Purpose. The purpose of the article is to scientifically substantiate the theoretical foundations of social protection of the population and the sources of its financial support. Results. Expenditures on social protection of the population occupy a significant place in the state expenditures of Ukraine. Through the system of social protection during 2010–2016, about 23% of GDP was allocated. A tendency towards a decrease in their share (in 2016 – 18,2%) was revealed. Budget financing takes the lead in the system of sources of financial support. Due to the budget system, 10.8% is distributed, while in the structure of total expenditures of the Consolidated Budget expenditures on social protection and social security make up 59,6%. A comprehensive analysis of the dynamics of volumes and structure of budget financing during 2007–2017 was conducted. A tendency towards annual growth of expenditures on social protection has been established, and it has been found that their growth rates during the investigated period significantly exceeded GDP growth rates. A significant level of centralization is established. Such a situation requires the optimization of budgetary expenditures on social security and social security and the modernization of sources of their financial support. Conclusions. The main vectors for improving the budget financing of social protection and social security in Ukraine are: – decentralization of budget financing of social protection and social security; – provision of social transfers based on the verification of the property and financial status of the recipients; – the targeted nature of social assistance; – monetization of subsidies; – optimization of the state policy in the labor market with a view to its rapid adaptation to structural changes taking place in the economy; since socially-market economy is aimed not only at social protection, but also the creation of such an organizational and economic mechanism that would contribute to reducing the part of the population that needs state paternalistic care (social assistance).

scholarly journals ПЕРСПЕКТИВЫ ИННОВАЦИОННОГО ПРОМЫШЛЕННОГО РАЗВИТИЯ РЕГИОНОВ АРКТИЧЕСКОЙ ЗОНЫ РОССИИ

2019 ◽  
Author(s):  
V. Zharov
Keyword(s):  
Economic Growth ◽  
Russian Federation ◽  
Industrial Production ◽  
Financial Support ◽  
The State ◽  
The Arctic ◽  
Innovation Activity ◽  
Murmansk Region ◽  
The Russian Federation ◽  
The Relationship

Рассмотрена методика выявления взаимосвязи между темпами экономического роста промышленного производства в арктических регионахсубъектах Федерации на примере Мурманской области и его инновационной активностью. Показано, что для ее повышения необходима финансовая поддержка государства. The method of identifying the relationship between the rate of economic growth of industrial production in the Arctic regionsthe subjects of the Russian Federation on the example of the Murmansk region and its innovation activity. It is shown that for its increase the financial support of the state is necessary.

scholarly journals Industrial development under sanctions pressure: evidence from Russia

2020 ◽  
Vol 9 (28) ◽  
pp. 465-474
Author(s):  
Ilmir Nusratullin ◽  
Nikolai Sergeev ◽  
Maxim Kuznetsov ◽  
Anastasia Sheina ◽  
Lyudmila Shubtsova
Keyword(s):  
Industrial Production ◽  
Industrial Development ◽  
Import Substitution ◽  
The United States ◽  
The State ◽  
The European Union ◽  
Macroeconomic Factors ◽  
Industrial Enterprises ◽  
Industrial Sectors ◽  
Technological Modernization

One of the most important sectors of the economy in Russia is industry. In this regard, the state seeks to stimulate the development of innovations in this area. Over the past few years, many industrial sectors in Russia have been in a crisis situation, which is caused by several factors: a decrease in the level of real investment, a decrease in the solvent demand of enterprises-customers and public consumers, and the introduction of financial and economic sanctions in 2014 against Russia by the United States and the European Union countries, as well as the effect of other macroeconomic factors independent of the activities of industrial enterprises. This study aims to identify the main trends in the development of industrial production in Russia in recent years, and an explanation of its causes. This topic is relevant in connection with the foregoing and may be of interest to academic economists studying industry development trends in developing countries. The aim of the study is to analyze the state of industry in Russia from 2015 to 2018 during the period of sanction pressure on the industrial and financial sectors of the Russian economy. Having examined the latest data on the results of the activity of Russian industry as a whole, one can note positive trends in the development of industrial production in Russia despite a number of negative internal and external factors. It is concluded that today, for Russia, the strategic tasks in industrial policy are reduced to overcoming technological backwardness and carrying out technological modernization of industries based on the use of innovative achievements, as well as import substitution for the sectors of the economy that are sensitive to foreign sanctions.

scholarly journals Налоговые риски в условиях цифровизации экономики

2020 ◽  
Vol 56 (3) ◽  
pp. 15-32
Author(s):  
О. А. Синенко
Keyword(s):  
Social Networks ◽  
Risk Management ◽  
Content Analysis ◽  
Best Practices ◽  
Digital Technologies ◽  
The State ◽  
Tax Administration ◽  
Systematic Analysis

Применение современных цифровых технологий в процессе налогового администрирования не только открывает новые возможности, но создаёт дополнительные налоговые риски как для государства, так и для налогоплательщиков. В статье проведено исследование налоговых рисков в условиях цифровизации экономики. Целью данного исследования является идентификация и систематизация налоговых рисков, а также разработка критериев их оценки в условиях цифровизации. В работе использованы методы логического и системного анализа налоговых рисков в условиях цифровизации экономики, проведён контент-анализ публикаций и синтез лучших практик цифровизации налогового администрирования, а также исследование практики применения цифровых технологий в целях минимизации налоговых рисков. Ключевые слова: налоговые риски, цифровизация, риск-ориентированный подход, налоговое администрирование, управление налоговыми рисками, цифровые технологии, налоговые органы, налогоплательщики, налоговый мониторинг социальных сетей. Modern digital technologies used in the process of tax administration create new opportunities and additional tax risks for both the state and taxpayers. The article studies tax risks in the context of digitalization of the economy. The purpose of this study is to identify and systematize tax risks, as well as to determine the criteria for their assessment in the context of digitalization. The work uses the methods of logical and systematic analysis of tax risks in the context of the digitalization of the economy. Content analysis of publications and synthesis of best practices for digitalization of tax administration was carried out. The practice of using digital technologies to minimize tax risks has been investigated. Keywords: tax risks, digitalization, risk-based approach, tax administration, tax risk management, digital technologies, tax authorities, taxpayers, tax monitoring of social networks.

scholarly journals ECONOMIC, SOCIAL AND ENVIRONMENTAL FEATURES OF USE OF LAND RESOURCES IN UKRAINE AND WORLD

2021 ◽  
Vol 2 (1) ◽  
pp. 10-16
Author(s):  
Nadiia Bahan
Keyword(s):  
Land Use ◽  
Industrial Production ◽  
Industrial Development ◽  
Agricultural Land ◽  
The State ◽  
Social Aspects ◽  
Land Resources ◽  
Agricultural Enterprises ◽  
Environmental Features ◽  
State Financing

The purpose of the article is to study the economic, social and environmental features of the use of land resources of agricultural enterprises, which is one of the determining factors of economic development and environmental safety of the state. Optimization of the use of land resources in ecological, economic and social aspects is the basis for a favourable territorial environment of natural landscapes. The goal of the article is to study the economic efficiency of the use of land resources in modern conditions, their social and environmental basis. Methodology. To write the article, methods of analysis, comparison, and generalization of research results, economic, statistical and graphic methods have been used. It is clear that research on the efficiency of the use of land resources in agricultural enterprises is a complex and lengthy process. Taking this into account, it is impossible to identify a single indicator that can fully reflect the level of efficiency in the use of land resources. For a more complete characterization of the specified process, a system of both natural and value indicators should be used. Results. According to the results of the study, it has been established that the practice of land use and the state of study of certain problems require further study of the prerequisites for the development of processes of soil degradation caused by the main factors: human economic activity, climatic, relief and ground conditions. Attention is drawn to the efficiency of the use of land resources in agricultural enterprises of Ukraine; the distribution of enterprises in Ukraine is carried out by the size of agricultural land. The role of state financing of enterprises in the sector of agro-industrial development is analysed, and the state of financing of programs to support agro-industrial production in 2019 is considered. The social aspects of land use in Ukraine are processed; they are focused on the quality of food, ensuring the welfare of the population and landscaping of rural municipalities. The program of support of the agro-industrial production sector by providing loans to agrarians has been investigated: in particular, it is planned to allocate 1,200,000,000 UAH for a programme to reduce the cost of loans to enterprises engaged in all types of agricultural activities. Practical implications. Since the practice of managing agricultural enterprises in market conditions shows that the most important thing is not the availability of land resources but the efficiency of using its potential; therefore, the need to create a reliable economic mechanism that will ensure the effective use of land resources and preserve their fertility is a priority. The breadth and versatility of land problems, their connection and dependence on socio-economic, political and environmental factors necessitate further research on this issue.

Development of a State Tax Risk Management System

2020 ◽  
Vol 17 (6) ◽  
pp. 62-75
Author(s):  
A. V. Tikhonova
Keyword(s):  
Risk Management ◽  
General Scheme ◽  
Value Added ◽  
Comparison Method ◽  
The State ◽  
Scientific Methods ◽  
Traceability System ◽  
Road Map ◽  
State Tax ◽  
Presentation Methods

The article is devoted to the development of the concept of the state to manage its tax risks, based on a systematic approach. The author's concept presupposes the presence of the following elements logically arranged according to the principle "from the general to the particular": 1) mechanisms for managing tax risks, 2) disclosing methodological recommendations, 3) specific proposals for changing legislation. To achieve this goal, the author used general scientific methods (deduction and induction, analysis and synthesis, observation, description, generalization) and private scientific methods of cognition (comparison method, graphical and tabular data presentation methods). We have presented a brief overview of the main tax risks of the Russian Federation in the current economic environment, which are classified in four areas: 1) risks in the field of value added taxation; 2) risks in the field of taxation of profits and income; 3) risks, the source of which is Russia's membership in the Eurasian Economic Union; 4) customs risks. The author presents a general scheme of tax risk management by the state, which includes the context, goals and management strategy. The priority mechanisms for managing the tax risks of the state are formulated on the basis of the presented classification of tax risks. These areas include: introduction of an end-to-end product traceability system; substantiation of taxation methods; joint elimination of tax risks (Federal Tax Service, Federal Customs Service, Ministry of Labor, Federal Service for Financial Monitoring); optimization of tax administration costs on the part of both tax authorities and taxpayers; harmonization of indirect taxation, including duty-free trade; harmonization of international tax rules at the international level; selection of the most effective tools for eliminating multiple taxation. A draft "road map" has been developed to improve the management of state tax risks.

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