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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

23477 ­ ­ 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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Yunus. Sadigov

Azerbaijan National Academy of Sciences, Institute of Economics, Lead Researcher

  Ph.D., docent  

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Elbrus. Akbarov

Azerbaijan State University of Economics (UNEC), senior lecturer

   

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Isak. Hasanov

Head of Shamkir Support Point

   

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Rashad. Huseynov

Center for Analysis of Economic Reforms and Communication

  Doctor of Philosophy in Economics  

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Akif. Aghbabali

Baku State University

   

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Najiba. Hajiyeva

Baku State University

  Doctor of Philosophy in Economics  

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Manzar. Nasibova

Senior researcher

   

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Firidun. Taghiyev

Head of department of Ministry of Agriculture of Azerbaijan Republic

   

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Arastun. Jalilov

  Doctor of Philosophy in Economics  

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Javid. Hasanov

Senior specialist, Agricultural Research Center Ph.D. student of the Agricultural Research Center

   

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Abrehet. Mehari

Lecturer in Ethiopia Civil Service University, Ethiopia, Addis Ababa; Ph.D. candidate in Azerbaijan State University of Economics

   

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Vagif.

Center for Local Economic Reforms

  Ph.D., docent  

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Fuad. Rzayev

Ph.D. student of the Azerbaijan Technical University

   

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Mushfiga. Mammadova

Agricultural Economics Research Center

  Ph.D., docent  

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Yusif. Abayev

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

   

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Leyla. Hajiyeva

Ph.D. student of the Agricultural Economics Research Center