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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

24076 ­ ­ 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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Novruz. Rahimov

Ph.D. student of the Azerbaijan Cooperation University

   

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Gurban. Mirzayev

Azerbaijan State Agrarian University

   

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Фамиль. Рустамов

Institute of Economics of the Ministry of Science and Education, "Economic problems of the agricultural sector" department

  Ph.D., docent  

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Rashad. Ahmadov

Education Center of Tax Ministry of Azerbaijan Republic

   

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Heydar. Agayev

Ph.D. student of the Azerbaijan Cooperation University

   

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Shovkat. Yusufova

Azerbaijan Cooperation University

  Ph.D., docent  

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Elbrus. Akbarov

Azerbaijan State University of Economics (UNEC), senior lecturer

   

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Israfil. Ismayilov

Member of the Russian Academy of Natural Sciences

  Prof. Dr.  

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Isak. Hasanov

Head of Shamkir Support Point

   

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Faiq. Gasimli

PhD student of the Agricultural Economics Research Center

   

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Anar. Bayramov

Ph.D. student of the Agricultural Research Center

   

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Farman. Karimov

Research Institute of Plant Protection and Technical Plants

   

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Alizamin. Guliyev

Azerbaijan Technical University, Ph.D.

   

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Elay. Zeynalli

Azerbaijan State Agrarian University

   

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Sadi. Ismayilov

Assistant director of Beylagan RASIC

  Doctor of Philosophy in Economics  

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Huseynaga. Asadov

Ministry of Science and Education of the Republic of Azerbaijan, Institute of Dendrology

  Ph.D., ass, pr