NORMATIVE MONETARY VALUATION OF LAND AS A BASIC COMPONENT OF FISCAL REGULATION ОF AGRICULTURAL LAND OPERATION

Abstract

Land resources have been identified as the basis for the development of Ukraine’s economy and positioning itself in the world market. The role of sound fiscal policy for the functioning and development of the agar sector of the country is determined. The concept of monetary valuation of agricultural land, legislative regulation and methodological basis for its conduct are analyzed. The structure of agricultural lands in the context of lands has been investigated. Most of the territory of Ukraine occupies agricultural land, according to the State Service of Ukraine for Geodesy, Cartography & Cadatsre they make up 49% of all land in Ukraine. Most agricultural lands are arable (fallow) — 79% of the total agricultural land, these lands play a significant role in the Ukrainian economy, as they are the food base for agricultural production. The information base of the regulatory monetary valuation of agricultural lands has been determined. The problems of determining the normative value of agricultural land have been identified. The statutory monetary valuation of land is now the basis for the calculation and payment of tax 4 groups, which are the majority of producers in Ukraine and the rent for the use of agricultural land. The results of the regulatory monetary valuation of land are the basis for the formation of the starting price of the right to lease on agricultural land of state and communal ownership. The state of the normative monetary valuation of agricultural lands and agricultural land is analyzed. The problems of the normative monetary valuation with information support were singled out, the creation of a single portal for the normative monetary valuation of agricultural lands is a significant step to ensure the information base of land valuation, as well as to facilitate access to information on the normative value of land.