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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

24068 ­ ­ 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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. Hikmat

Ph.D. in agrarian sciences, docent H.N. Nasibov

   

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Bahruz. Nuriyev

Chief consultant in Ministry of Agriculture of Azerbaijan Republic

   

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Said. Mustafayev

Ph.D. student of the Agricultural Research Center

   

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Aytekin. Huseynova

Ph.D. student of Azerbaijan Cooperation University

   

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Aligulu. Mehdiyev

Ph.D. student of Baku Engineering University

   

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Gulnar. Bashirova

Master of Azerbaijan State University of Economics (UNEC)

   

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Samir. Maharramov

Doctoral student of the Azerbaijan Tourism and Management University

   

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Jalal. Safarov

Ph.D. student of the Agricultural Research Center

   

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Nneka. Osadolor

Department of Economics, University of Benin, Nigeria Department of Economics, University of Ibadan, Nigeria

   

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Farman. Karimov

Research Institute of Plant Protection and Technical Plants

   

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Israfil. Ismayilov

Member of the Russian Academy of Natural Sciences

  Prof. Dr.  

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Aytan. Shukurova

Azerbaijan Cooperation University, senior teacher, dissertator

   

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Nazrin. Ramazanova

Master of Azerbaijan State University of Economics (UNEC)

   

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Turan. Hajiyeva

Specialist of the Agricultural Research Center

   

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Ramina. Mustafayeva

Azerbaijan State Agrarian University

  Ph.D., docent  

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Arzu. Huseyn

Azerbaijan Tourism and Management University

  Ph.D., docent