NATURAL RENT AS AN ACCOUNTING OBJECTIVE AND TAXATION

Abstract

Economic theory clearly defines the features of rent relations at the state level, but there is no information on rent in the accounting. Rethinking attention significantly increases the risk of an inadequate assessment of the financial condition of enterprises and affects the objectivity and effectiveness of making managerial decisions. Therefore, the purpose of the study is to determine the nature of the natural rent as an object of accounting and taxation.

In order to solve this problem, the features of recognizing natural rent as an object of accounting and taxation are outlined, which allows to form comprehensive and reliable information for management of an enterprise. Taking into account the peculiarities of the use and restoration of natural resources, in accordance with the provisions of the concept of sustainable development, the composition and functions of rental payments provided by the legislation of Ukraine are established. Proposals aim at achieving a fair distribution of natural wealth between existing and future generations based on improved accounting of rental relationships.