ISSUES REGULATORY FRAMEWORK OF ACCOUNTING AND TAXATION AGRICULTURAL COOPERATIVES AND WAYS OF IMPROVING

Abstract

A particular problem of agricultural areas is the imperfection of legal maintenance of accounting and taxation of agricultural cooperatives in theoretical context and practical application. The purpose of the article is to identify ways to improve the regulatory framework of accounting and taxation of activity of agricultural cooperatives by studying the theoretical and practical aspects of selected topics. To achieve this goal it is necessary to analyze regulations, governing the activities of cooperatives. Definition conflicts that arose when taking certain innovations legal regulation cooperative activity and the impact of new regulations on performance results nonprofit agricultural cooperatives. Improving accounting legal regulation of activity of agricultural cooperatives and identify prospects for their development. The need for development of cooperative principles in agriculture economy Ukraine in the context of of rural territories development is extremely relevant today and its positive solution is possible if the radical improvement of the current legislation, governing the establishment and operation of agricultural cooperatives.

Particularly urgent is the need for improvement of the Tax Code of Ukraine regarding non-profit status of agricultural cooperatives. For a comprehensive settlement of all matters of establishment and operation of agricultural cooperatives in Ukraine need to change the Law of Ukraine "On Agricultural Cooperation", Economic Code of Ukraine, Civil Code of Ukraine and the Law of Ukraine "On Cooperation".

The main forms of support to agricultural cooperatives should be: creating favorable legal conditions for the development of various types of agricultural cooperatives as forms of economic self-help to the population; financial and organizational support for the development of cooperatives; easing the tax burden; attracting international projects in agribusiness and collaboration with cooperatives. It is advisable to introduce a policy of active support of national cooperative movement by of state while strengthening control over compliance with cooperative principles.