TAX AND ACCOUNTING SYSTEMS OF SMALL AGRICULTURAL EN-TERPRISES IN THE CONDITIONS OF EUROPEAN INTEGRATION

##plugins.themes.bootstrap3.article.main##

##plugins.themes.bootstrap3.article.sidebar##

  Olena Podolianchuk

Abstract

Globalization processes around the world affect the activities of economic entities, which in turn leads to changes in their accounting and taxation systems. The article is devoted to the study of the peculiarities of the application of the simplified system of accounting and taxation of agrarian businesses of small businesses in order to identify problematic aspects and areas of state support for their functioning in the context of European integration. A study of the main aspects of the Association Agreement between Ukraine, on the one hand, and the European Union, the European Atomic Energy Community and their Member States, on the other hand, in terms of accounting and taxation. It is determined that the implementation of domestic legislation to the regulations of the European Union (directives) is tangible for both businesses and individuals. Analytical data on the activities of small busi-nesses in Ukraine, including agricultural enterprises, are presented. The results of the analysis show a decrease in the number of small enterprises for the period 2015-2019. At the same time, the volumes of produced and sold products of small businesses and micro-enterprises are growing, which testifies to the importance of the activities of these businesses. It is determined that the conditions of production and economic activity of business entities are accompanied by constant changes in current legislation, which causes uncertainty in their position in the competitive environment, leads to the risk of transactions and increased tax burden, and as a result – business closure or withdrawal in the shadows. "The current systems of taxation of small businesses are studied and their advantages and disadvantages are identified. The main criteria for assigning business entities to the group of small businesses in the agricultural sector, taking into account the Tax and Commercial Codes of Ukraine, as well as the provisions of the Law of Ukraine "On Accounting and Financial Reporting in Ukraine". The system of taxation and accounting of small agricultural enterprises is studied. It was found that the current situation in agriculture indicates the shortcomings and lack of efficiency of the tax system, which requires scientific and methodological support for a consistent and stable tax policy for this category of taxpayers, the use of tax incentives for small businesses, improving the simplified taxation of small businesses . Examining the organization of accounting for small businesses in the context of European integration, the framework of the feasibility of changes in the accounting system. It is noted that a certain problem is the inconsistency of financial and tax accounting for the formation of a harmonized information product for different groups of users. The opinion is expressed that the fiscal orientation of accounting should be reoriented to the needs of the management system and high-quality information support of stakeholders, including foreign investors. It is noted that the legislation on ac-counting and taxation systems, opening and registration of small and micro enterprises needs to be changed. In order to properly support the development of small business, it is proposed to create favorable conditions for taxation and a clear accounting system: providing information and financial support for the process of business organization and the transition to international accounting standards; organization of the system of training of entrepreneurs and retraining of accountants; streamlining mechanisms to protect the rights of small businesses.

How to Cite

Podolianchuk, O. (2021). TAX AND ACCOUNTING SYSTEMS OF SMALL AGRICULTURAL EN-TERPRISES IN THE CONDITIONS OF EUROPEAN INTEGRATION. Three Seas Economic Journal, 2(3), 95-103. https://doi.org/10.30525/2661-5150/2021-3-13
Article views: 40 | PDF Downloads: 27

##plugins.themes.bootstrap3.article.details##

Keywords

accounting, taxation, small enterprises, businesses

References

Artemyeva, O. O., & Denisovets, N. O. (2020). Opodatkuvannya ahropromyslovykh pidpryyemstv v umovakh yevrointehratsiyi [Taxation of agro-industrial enterprises in the context of European integration]. Proceedings of the Innovatsiyi v oblikovo-analitychnomu zabezpechenni ta upravlinni finansovo-ekonomichnoyu bezpekoyu v umovakh didzhytalizatsiyi: materialy IX Mizhnar. nauk.-prakt. konf. (Kharkiv, November 12-13, 2020). Kharkiv: KhNUMG named after O.M. Beketov, pp. 28–31.

Hospodarskyy kodeks Ukrayiny [Economic Code of Ukraine] (2003). Ofitsiinyi sait Verkhovnoyi Rady Ukrayiny [Official web site of the Verkhovna Rada of Ukraine]. Available at: https://zakon.rada.gov.ua/laws/show/436-15#Text (accessed September 20, 2021).

Ekonomichna statystyka. Diyalʹnistʹ pidpryyemstv [Economic statistics. Activities of enterprises]. Ofitsiinyi sait Verkhovnoyi Rady Ukrayiny [Official web site of the Verkhovna Rada of Ukraine]. Available at: http://www.ukrstat.gov.ua/ (accessed September 20, 2021).

Kohut, M. G. (2021). Nepryami podatky: teoretychni aspekty ta praktyka zastosu-vannya v Ukrayini ta krayinakh ES [Indirect taxes: theoretical aspects and practice of application in Ukraine and EU countries] (Ph.D Thesis). Uzhhorod: Nat. Un-t. Uzhhorod.

Mizhnarodnyy standart finansovoyi zvitnosti dlya malykh ta serednikh pidpryyemstv [International Financial Reporting Standard for Small and Medium Enterprises]. Ofitsiinyi sait Verkhovnoyi Rady Ukrayiny [Official web site of the Verkhovna Rada of Ukraine]. Available at: https://zakon.rada.gov.ua/laws/show/929_063#Text (accessed September 20, 2021).

Nebiltsova, O. V., & Korol, V. I. (2015). Osoblyvosti zastosuvannya mizhnarodnykh standartiv finansovoyi zvitnosti dlya malykh ta serednikh pidpryyemstv u Yevropeysʹkomu Soyuzi ta Ukrayini [Features of application of international financial reporting standards for small and medium enterprises in the European Union and Ukraine]. Economic analysis, 21(2), 292–297.

Podatkovyy kodeks Ukrayiny: Zakon Ukrayiny [Tax Code of Ukraine: Law of Ukraine]. (2010). Ofitsiinyi sait Verkhovnoyi Rady Ukrayiny [Official web site of the Verkhovna Rada of Ukraine]. Available at: https://zakon.rada.gov.ua/laws/show/2755-17#Text (accessed September 20, 2021).

Podolyanchuk, O. A. (2017). Orhanizatsiya obliku subyektamy maloho pidpryyemnytstva [Organization of accounting by small businesses]. Efektyvna ekonomika (electronic journal), 4. Available at: http://www.economy.nayka.com.ua/?op=1&z=5536 (accessed September 20, 2020).

Podolianchuk, O. A. (2020). The main dominants of accounting and taxation organization on farms. Scientific discussion, 2(47), 38–45.

Pro bukhhalterskyy oblik ta finansovu zvitnistʹ v Ukrayini: Zakon Ukrayiny [On Accounting and Financial Reporting in Ukraine: Law of Ukraine] Ofitsiinyi sait Verkhovnoyi Rady Ukrayiny [Official web site of the Verkhovna Rada of Ukraine]. Available at: https://zakon.rada.gov.ua/laws/show/996-14#Text (accessed September 2, 2021).

Rudyk, N. V. (2020). Sproshchena systema opodatkuvannya: zberehty malyy biznes v umovakh nokdaunu v Ukrayini [Simplified taxation system: to keep small businesses knocked down in Ukraine]. Businessinform, 11, 361–370.

Sidorenko, R. V. (2021). Podatkove administruvannya diyalʹnosti maloho ta serednʹoho biznesu v Ukrayini [Tax administration of small and medium business in Ukraine]. Visnyk ONU imeni Mechnykova, 26, 2 (37), 73–78.

Uhody pro asotsiatsiyu mizh Ukrayinoyu, z odniyeyi storony, ta Yevropeysʹkym Soyuzom, Yevropeysʹkym spivtovarystvom z atomnoyi enerhiyi i yikhnimy derzha-vamy-chlenamy, z inshoyi storony [Association Agreements between Ukraine, of the one part, and the European Union, the European Atomic Energy Community and their Member States, of the other part]. Ofitsiinyi sait Verkhovnoyi Rady Ukrayiny [Official web site of the Verkhovna Rada of Ukraine]. Available at: https://zakon.rada.gov.ua/laws/show/984_011#Text (appeal date September 20, 2021).