hey ranged from 11 up to 50% with the intermediate rates. Farms with the income up to 50000 dollars pay tax at the 15% rate, and every next 25000 dollars at - 28% rate. Since тисяча дев'ятсот вісімдесят дев'ять the size of the tax-free profit has increased up to +2000, and since +1990 - up to 5 000 dollars.
Calculation of surtax in USA agroindustrial complex has a number of peculiarities, each of which can represent a tax privilege. The USA tax laws gives the farmers the right to subtract the costs connected with some works in agriculture and cattle breeding from the tax paid. Work on soil preservation, water resources protection, soil preparation for farming are of thus kind. The tax discount works for the incomes and losses suffered by the farmers in connection with the sale of cattle or forages. These losses are subtracted from the farmer's charges and the more favorable taxation mode is used for profit, than for income taxation. The farmers, who are engaged in cattle feeding use a tax privilege as a delay of income getting, that is all expenses are estimated per one year, and all incomes on his (its) realization the next year. Besides the farmers have the right to apply methods of accelerated amortization of agricultural machines and equipment on higher rates. It allows them to considerably reduce the sizes of the taxed income, that is to pay the taxes on the lower rates. As a result, the more machines, equipment, the farmer gets, the less taxes he pays this year and in the following period of amortization. The farmers are given alternative to use new amortization rules to reduce the taxed income or to make allocation by equal shares for 3-45 years depending on the kind of property.tax rules for corporations limit the sizes of the allowed allocation from the taxed income connected with expenses for fodder, seeds and fertilizer. The farmer corporation can receive the right for discounts only after actual complete consumption of materials.special tax privileges are given to farmer cooperative societies. Thus, fruit growing cooperative societies? marketing, and also those purchasing farm machines are released from surtax payment.of major functions of tax privileges in agriculture is to stimulate scientific and technical development, accelerate realization of technical novelties, which, as a rule, require large additional capital investments. To stimulate investments of the farmer capital in technical innovations the special conditions of the taxation are provided these tax laws: Establishment of the tax discounts on the investments gain;
Budget compensation for tax payments on investment gain;
Prolongation of tax payments and capital investment gain for the period of end of investment process completion. Farmer has the right to take advantage of one of the favorable taxation terms, if he introduce innovations, which are found in the state or regional agrarian programs. The farmers participating in the state agrarian programs, have the right to detain tax payment capital investments gain as long as the investment process is completed. The tax volume decreases by inflation, and the sum of the tax is distributed per years in regular intervals.state tax regulation in the USA enables the farmers of the advanced countries to change the size tax volume at the expense of use of various tax privileges and discounts. The numerous tax privileges reduce fiscal functions of taxation system in agrarian sector to a minimum level.main role in belongs to the agrarian legislation. The acts determine the basic forms and methods of state influence on an agriculture. In recent years the role of budget assignments for support of the prices on agricultural production and incomes of the farmers, as well for regulation of market structure of agricultural production and foodstuffs has increased. Organization of Economic Assistance to Development (ОEAD) estimates that the USA farmers received 22 milliards dollars for financial support.feature of financing of USA economy, is that the means from the federal budget are primary allocated for the target programs having national importance. So, two programs work in agroindustrial complex at the federal level: Stabilization of the Incomes and science and scientific service raquo ;. Besides more than 10 interbranch target programs of national importance providing interests of an agriculture and farmers work at a federal level. There are soil conservation and land withdrawal program, food help to needy population, marketing and inspection, social development of rural areas. The budget means distributed according with this programs are summarized and allocated to the branch federal budget of the USA agriculture. Its basic part (more than 80%) is supervised by the US Ministry of an agriculture through good-credit corporation (GCC) and other financial-credit bodies. The rest of 20% of means are distributed through state and local m...
