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Theoretical and practical aspects of the impact of value added tax on investment activities in agriculture

Bagish Ahmadov Sabir, Doctor of Philosophy in Economics

bagish.ahmadov@atm.gov.az

27679 ­ ­ AZ ­ ­ 34. October 2020 ­ ­­ ­ sustainable development agriculture investments value added tax

Abstract

Achieving sustainable agricultural development, ensuring economic, social and environmental balance in this area largely depends on investment decisions. The implementation of measures to increase investment activity in the agricultural sector directly serves the implementation of sustainable development goals. Taxes are an important factor influencing resource allocation decisions in the investment process. In this regard, the article analyzes the current situation in the application of value added tax to agricultural products and investment and intermediate imported products and examines the impact of its influence on investment activity. The article substantiates proposals for exemption from VAT of intermediate products used in agricultural production.

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AUTHORS

 

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Zaur. Asadov

Azerbaijan State Oil and Industrial University

  Doctor of Philosophy in Economics  

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Isak. Hasanov

Head of Shamkir Support Point

   

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Sadi. Ismayilov

Assistant director of Beylagan RASIC

  Doctor of Philosophy in Economics  

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Eldar. Guliyev

Agricultural Economics Research Center

  Ph.D., docent  

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Ruhiyya. Gambarova

Azerbaijan State Agrarian University

  Doctor of Philosophy in Economics  

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Gulnar. Bashirova

Master of Azerbaijan State University of Economics (UNEC)

   

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Shovkat. Yusufova

Azerbaijan Cooperation University

  Ph.D., docent  

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Akram. Hasanzada

Ph.D. student of the Agricultural Research Center

   

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Gulnara. Salimova

Senior Researcher of the Research Institute for Economic Reforms

   

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Tahmasib. Huseynov

Azerbaijan State University of Economics (UNEC)

  Doctor of Philosophy in Economics  

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Javahir. Allahverdiyeva

Azerbaijan State Agrarian University

  senior lecturer  

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Orkhan. Balayev

Education Center of Tax Ministry of Azerbaijan Republic

   

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Nigar. Gasimova

Agricultural Research Center, senior specialist

   

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Faig. Huseynov

Azerbaijan State University of Economics (UNEC)

   

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Rashad. Huseynov

Agricultural Research Center, director

  Doctor of Philosophy in Economics  

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Gabil. Kazimov

Research Institute of Crop Husbandry