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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

28942 ­ ­ 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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Esmira. Latifova

Director Adviser, Agricultural Economics Research Center

   

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Maarif. Yusiphov

Vegetable Research Institute

   

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Vuqar. Namazov

Ph.D. candidate of the Azerbaijan State Economic University (UNEC)

   

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Zohra. Abbasova

Ph.D. student of the Agro Researches Center

   

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Tural. Mammadzade

Ph.D. student of

   

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Okiemua. Okoror

Department of Economics, University of Benin, Nigeria | Department of Economics, University of Reading, UK

   

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Ismayil. Kheyirkhabarov

Azerbaijan State University of Economics (UNEC)

  Ph.D., docent  

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Ulker. Mammadova

Ph.D. student of the Azerbaijan Cooperation University

   

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Yusif. Abayev

Ph.D. student of the İnstitute of Economics of ANAS

   

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Abdulrahim. Dadashov

Ph.D. candidate of UNEC, Agricultural Economics Research Center

   

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Arzu. Huseyn

Azerbaijan Tourism and Management University

  Ph.D., docent  

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Elay. Zeynalli

Azerbaijan State Agrarian University

   

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Yusif. Akhundov

Ph.D. student of the Agricultural Research Center

   

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Orkhan. Balayev

Education Center of Tax Ministry of Azerbaijan Republic

   

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Alizamin. Guliyev

Ph.D. candidate of the Azerbaijan Technical University

   

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Mushfiga. Mammadova

Agricultural Economics Research Center

  Ph.D., docent