Analysis of Trends in Taxation and Foreign Economic Operations with Cereal Products in Ukraine

Natalie Yuriivna Shevchenko

doi:doi:10.11648/j.ijefm.20200805.13

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Analysis of Trends in Taxation and Foreign Economic Operations with Cereal Products in Ukraine

Natalie Yuriivna Shevchenko

Published in International Journal of Economics, Finance and Management Sciences (Volume 8, Issue 5)

Received: 25 May 2020 Accepted: 27 May 2020 Published: 21 September 2020

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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.

Published in	International Journal of Economics, Finance and Management Sciences (Volume 8, Issue 5) This article belongs to the Special Issue Taxation of Foreign Economic Operations with Agricultural Products
DOI	10.11648/j.ijefm.20200805.13
Page(s)	188-193
Creative Commons	This is an Open Access article, distributed under the terms of the Creative Commons Attribution 4.0 International License (http://creativecommons.org/licenses/by/4.0/), which permits unrestricted use, distribution and reproduction in any medium or format, provided the original work is properly cited.
Copyright	Copyright © The Author(s), 2024. Published by Science Publishing Group

Keywords

Indirect Taxation, Customs Duty, Foreign Economic Activity and Operations, Agricultural Products, Customs Tariff Regulations, Cereal Crops, EU

References

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[2]	Suchasni trendy svitovoho rynku zerna (2019). [Current trends in the world grain market]. Ahrobiznes sohodni. [Online]. Available: http://agro-business.com.ua/agro/ekonomichnyi-hektar/item/13865-suchasni-trendy-svitovoho-rynku-zerna.html.
[3]	Aktsyznyi podatok 2019 (2019). [Excise tax 2019] Holovbukh. [Online]. Available: https://www.golovbukh.ua/article/7442-aktsizniy-podatok-2019.
[4]	Statistics, Economics, Politics, Persons (2019). Rysky vneshnei torhovly Ukrayni [Risks of Ukraine’s Foreign Trade]. [Online]. Available: https://zet.in.ua/statistika-2/eksport-import/riski-vneshnej-torgovli-ukrainy/.
[5]	The Common Agricultural Policy Explained. European Commission Directorate-General for Agriculture and Rural Development. [Online]. Available: http://ec.europa.eu/agriculture/publi/capexplained/cap_en.pdf.
[6]	Ukrainian Agribusiness Club (2018). The main indicators of foreign trade in Ukraine. [Online]. Available: http://ucab.ua/ua/doing_agribusiness/zovnishni_rinki/osnovni_pokazniki_zovnishnoi_torgivli_ukraini.
[7]	Shevchenko, N., Shulga, I., (2019) Review on Status and Trends in Taxation of Foreign Economic Operations in Ukraine. International Journal of Economics, Finance and Management Sciences, 7 (4), 103-106.
[8]	Spivrobitnytstvo mizh Ukrainoiu ta Yevropeiskym Soiuzom (2019). [Cooperation between Ukraine and the European Union]. Ministerstvo rozvytku ekonomiky, torhivli ta silskoho hospodarstva Ukrainy. [Online]. Available: http://me.gov.ua/Documents/Detail?lang=uk-UA&id=b142801e-b932-4207-aea9df3728dad379&title=FaqZPitanFunktsionuvanniaVilnoiTorgivliMizhUkrainoiuTas.
[9]	Zona vilnoi torhivli mizh Ukrainoiu ta ES (2019). [Free trade zone between Ukraine and the EU]. Ministerstvo rozvytku ekonomiky, torhivli ta silskoho hospodarstva Ukrainy. [Online]. Available: http://me.gov.ua/Documents/List?lang=uk-UA&id=c6f1c10b-791e-4067-8580-09e2f2739f8e&tag=ZonaVilnoiTorgivliMizhUkrainoiuTas.
[10]	Dokhody (2019). [Revenues] Tsiny derzhavy. [Online]. Available: http://cost.ua/budget/revenue/#1.
[11]	Palchuk O., (2011) Znachennia ta rol svitovoi torhivli posluhamy v suchasnii ekonomitsi. [The value and role of world trade in services in the modern economy]. Doslidzhennia mizhnarodnoi ekonomiky, 1 (66), 72-78.
[12]	Shevchenko, N., Lemishko, O., (2019) Review on Volumes of Foreign Economic Operations with Agricultural Products. International Journal of Economics, Finance and Management Sciences, 7 (6), 222-226.
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[14]	Shevchenko, N. Yu. (2015). Osnovni chynnyky vplyvu na podatkovi nadkhodzhennia vid zovnishnoekonomichnykh operatsii z produktsiieiu ahropromyslovoho vyrobnytstva [The main factors influencing tax revenues from foreign economic operations with products of agro-industrial production]. Scientific Bulletin of NULES of Ukraine, 231, 111-116.
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APA Style

Natalie Yuriivna Shevchenko. (2020). Analysis of Trends in Taxation and Foreign Economic Operations with Cereal Products in Ukraine. International Journal of Economics, Finance and Management Sciences, 8(5), 188-193. https://doi.org/10.11648/j.ijefm.20200805.13

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ACS Style

Natalie Yuriivna Shevchenko. Analysis of Trends in Taxation and Foreign Economic Operations with Cereal Products in Ukraine. Int. J. Econ. Finance Manag. Sci. 2020, 8(5), 188-193. doi: 10.11648/j.ijefm.20200805.13

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AMA Style

Natalie Yuriivna Shevchenko. Analysis of Trends in Taxation and Foreign Economic Operations with Cereal Products in Ukraine. Int J Econ Finance Manag Sci. 2020;8(5):188-193. doi: 10.11648/j.ijefm.20200805.13

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@article{10.11648/j.ijefm.20200805.13,
  author = {Natalie Yuriivna Shevchenko},
  title = {Analysis of Trends in Taxation and Foreign Economic Operations with Cereal Products in Ukraine},
  journal = {International Journal of Economics, Finance and Management Sciences},
  volume = {8},
  number = {5},
  pages = {188-193},
  doi = {10.11648/j.ijefm.20200805.13},
  url = {https://doi.org/10.11648/j.ijefm.20200805.13},
  eprint = {https://article.sciencepublishinggroup.com/pdf/10.11648.j.ijefm.20200805.13},
  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.},
 year = {2020}
}

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TY  - JOUR
T1  - Analysis of Trends in Taxation and Foreign Economic Operations with Cereal Products in Ukraine
AU  - Natalie Yuriivna Shevchenko
Y1  - 2020/09/21
PY  - 2020
N1  - https://doi.org/10.11648/j.ijefm.20200805.13
DO  - 10.11648/j.ijefm.20200805.13
T2  - International Journal of Economics, Finance and Management Sciences
JF  - International Journal of Economics, Finance and Management Sciences
JO  - International Journal of Economics, Finance and Management Sciences
SP  - 188
EP  - 193
PB  - Science Publishing Group
SN  - 2326-9561
UR  - https://doi.org/10.11648/j.ijefm.20200805.13
AB  - 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.
VL  - 8
IS  - 5
ER  -

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Author Information

Natalie Yuriivna Shevchenko

Department of Finance, National University of Life and Environmental Sciences of Ukraine, Kyiv, Ukraine

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APA Style

Natalie Yuriivna Shevchenko. (2020). Analysis of Trends in Taxation and Foreign Economic Operations with Cereal Products in Ukraine. International Journal of Economics, Finance and Management Sciences, 8(5), 188-193. https://doi.org/10.11648/j.ijefm.20200805.13

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ACS Style

Natalie Yuriivna Shevchenko. Analysis of Trends in Taxation and Foreign Economic Operations with Cereal Products in Ukraine. Int. J. Econ. Finance Manag. Sci. 2020, 8(5), 188-193. doi: 10.11648/j.ijefm.20200805.13

Copy | Download

AMA Style

Natalie Yuriivna Shevchenko. Analysis of Trends in Taxation and Foreign Economic Operations with Cereal Products in Ukraine. Int J Econ Finance Manag Sci. 2020;8(5):188-193. doi: 10.11648/j.ijefm.20200805.13

Copy | Download

@article{10.11648/j.ijefm.20200805.13,
  author = {Natalie Yuriivna Shevchenko},
  title = {Analysis of Trends in Taxation and Foreign Economic Operations with Cereal Products in Ukraine},
  journal = {International Journal of Economics, Finance and Management Sciences},
  volume = {8},
  number = {5},
  pages = {188-193},
  doi = {10.11648/j.ijefm.20200805.13},
  url = {https://doi.org/10.11648/j.ijefm.20200805.13},
  eprint = {https://article.sciencepublishinggroup.com/pdf/10.11648.j.ijefm.20200805.13},
  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.},
 year = {2020}
}

Copy | Download

TY  - JOUR
T1  - Analysis of Trends in Taxation and Foreign Economic Operations with Cereal Products in Ukraine
AU  - Natalie Yuriivna Shevchenko
Y1  - 2020/09/21
PY  - 2020
N1  - https://doi.org/10.11648/j.ijefm.20200805.13
DO  - 10.11648/j.ijefm.20200805.13
T2  - International Journal of Economics, Finance and Management Sciences
JF  - International Journal of Economics, Finance and Management Sciences
JO  - International Journal of Economics, Finance and Management Sciences
SP  - 188
EP  - 193
PB  - Science Publishing Group
SN  - 2326-9561
UR  - https://doi.org/10.11648/j.ijefm.20200805.13
AB  - 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.
VL  - 8
IS  - 5
ER  -

Copy | Download