Analysis of Trends in Taxation and Foreign Economic Operations with Cereal Products in Ukraine
International Journal of Economics, Finance and Management Sciences
Volume 8, Issue 5, October 2020, Pages: 188-193
Received: May 25, 2020; Accepted: May 27, 2020; Published: Sep. 21, 2020
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Author
Natalie Yuriivna Shevchenko, Department of Finance, National University of Life and Environmental Sciences of Ukraine, Kyiv, Ukraine
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Abstract
The article is devoted to the evaluation of the current state of implementation of Ukraine’s foreign economic operations using cereal crops as an example. The dynamics and the structure of cereal crops products export and import over the past decades have been studied. The facts on increase in Ukraine’s export capacity exactly in the area of grain production were established. The world market of cereal crops products was considered and the share of Ukraine in world grain production, which currently does not exceed 2%, was separated. The state and trends in taxation of foreign economic operations with agricultural products were estimated. The interdependence of volumes of agricultural products imports and the customs duty, excise duty and value-added tax to the State Budget during 2005–2019 was established. The decrease in imports of Ukrainian agricultural products was defined, which affects the amount of tax revenues from indirect taxes. It is also established that the gradual cancellation of customs duty on agricultural products during the transition period will lead to the drop in the State Budget revenues and domestic products competitiveness if Ukraine does not take compulsory measures to improve its market quality and stability of positions.
Keywords
Indirect Taxation, Customs Duty, Foreign Economic Activity and Operations, Agricultural Products, Customs Tariff Regulations, Cereal Crops, EU
To cite this article
Natalie Yuriivna Shevchenko, Analysis of Trends in Taxation and Foreign Economic Operations with Cereal Products in Ukraine, International Journal of Economics, Finance and Management Sciences. Special Issue: Taxation of Foreign Economic Operations with Agricultural Products . Vol. 8, No. 5, 2020, pp. 188-193. doi: 10.11648/j.ijefm.20200805.13
Copyright
Copyright © 2020 Authors retain the copyright of this article.
This article is an open access article distributed under the Creative Commons Attribution License (http://creativecommons.org/licenses/by/4.0/) which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited.
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