Fixed agricultural tax is payable by agricultural producers with the share of agricultural production in their total business for the previous fiscal (reporting) year is equal to or above 75%.
The basic fiscal period for the fixed agricultural tax is a calendar year starting on January 1 and ending on December 31.
The tax object is the square of agricultural land and/or water area belonging to the agricultural tax payer or transferred to him for his use, including under lease terms.
The tax is calculated on the basis of the value assessment of 1 ha of agricultural land (for the land belonging to water area – on the basis of the value assessment of arable land taking into account the price adjustment index valid on January 1 of the basic fiscal year).
The tax rate depends on the type (category) of land and its location.