Transformation of highcommodity private households into entrepreneurship subjects: tax and budget aspects

The purpose of the article is to work out the mechanism of tax and budget regulation of development of high-value private households, which would ensure their phased transformation into entrepreneurship subjects. Research methodology. The following research methods have been used in the article: historical, abstract and logical, empirical, rows of dynamics, index, factor analysis, comparison, evaluation of normative and legal basis, tabular, graphical, generalization and scientific prediction. Research results. The research results of tax and budget aspects of forming mechanism of financial stimulation of transformation of high-value private households into entrepreneurship subjects have been highlighted. There’ve been summarized socioeconomic consequences of an activity of high-value private households in their present status. Prevailing negative aspects of the current model of functioning of such enterprises for both the economic subjects themselves and for the state and local rural communities have been substantiated. There’ve been outlined the problems that impede the balanced development of high-value private households and hamper formation of the European type of farming on their basis. There’ve been generalized the methodological approaches to the defining of a part of private households for which transformation into the entrepreneurship subjects would be economically feasible. The principles of formation and substantiation of the mechanism of financial stimulation of transformation of high-value private households into entrepreneurship subjects have been worked out. Elements of scientific novelty. The methodical principles of forming of mechanism of financial stimulation of transformation of high-value private households into the entrepreneurship subjects have been worked out. In order to achieve maximum effect key components and features of their application have been defined. There’ve been proposed approaches to determination of the number of potentially feasible entrepreneurship subjects that can be registered on basis of high-value private households, in accordance to evaluation of profitability of various agricultural activities. The variants of fiscal stimulation of the transformation of a part of private households into entrepreneur subjects have been offered. There’ve been estimated their possible tax burden and volumes of state financial support for proper stimulation of the corresponding processes. Practical significance. Results can be used in the process of further scientific research of an important scientific problem – formation of an optimal structure of agricultural production on basis of balancing the shares of certain categories of agricultural producers, formation of a farmers’ class in Ukraine, similar to European models, which will positively affect the income level of the rural population and filling of the local budgets. The research results may also serve as an economic justification for the relevant legislative initiatives aimed at organizing the agrarian system in Ukraine and the revival of farming in its classical sense. Tabl.: 3. Figs.: 5. Refs.: 20.