THE CONTRIBUTION OF LAND TAX FROM LEGAL ENTITIES TO THE DEVELOPMENT OF THE "GREEN" ECONOMY: THEORY AND PRACTIC

Abstract

The rental resources and property potential of land tax on legal persons is not sufficiently represented in economic literature both from the fiscal position of local budgets and in the regulatory context of local green economy. The contribution of land tax on legal persons remains significant for local budgets. Local budgets land tax on legal persons competentions from the position of local green economy development processes regulation are minimal. The paper goal: researching and definition options and markers of the land tax on legal persons transformation for local green economy development. The theoretical approaches and practice of taxation on lands, statutory instruments content were analyzed. Tax rates and its differentiation were analyzed as taxes regulation instruments. The foreign practice of legal persons lands taxation and its budget efficiency ware analyzed. The significance of the land tax on legal persons was proved as the most stable fiscal instrument of forming local budget income, which are necessary for public goods of territory financing. The problematics of the land tax on legal persons was researched, markers of its improving were pointed. The necessity of tax transforming was substantiated as instrument of local green economy development.