Agriculture in the USA Семестровая работа за III семестр на тему: "USA" источник: Headway, Учебное пособие для ВУЗов (2-й курс) Выполнила: студентка группы Э - 255 Волгоградский государственный технический университет, Кафедра иностранных языков Волгоград 2002г.
    Almost 21mln.people or about 17 % of all population works in the agriculture of USA. Nearly 3 millions independent farms deliver feed products to the American consumers. The area of an average farm in the USA makes about 400 acres. In 1984 there were more than 2.3 million farms in the country. However, the very large farms -those with 1000 acres and more account for more than 40% of farm acreage. The largest manufacturers of grains making up 2,3% of total of farms, produce about 50 % of wheat in the country. Similarly, the largest 2 % of the manufacturers of chickens - broilers own 70 % of market sales.
    Number of firms producing selected products in the USA. 1980es. Product Numbers of firms producing this product Wheat 446075 Corn 937704 Rice 11445 Soy-bean 511229 Tobacco 179141 Pea-nuts 23046 Dairy products 197269 Cattle 1354309 There are therefore some concentrations of agricultural production in hands of the largest manufacturers in the USA. But even largest agricultural manufacturers accept the established prices for production. For example, 27000 independent firms represent 2 % of the manufacturers of grain, which make up 50 % of grain production in the USA. The new firms can also penetrate into the majority of agricultural branches with relative ease. There are special branches - exceptions. For example, there have been state regulation that have limited for many years the number of tobacco producers. However, even domestic manufacturer, who are protected against entry must compete for sales to the foreign manufacturers in the export markets.
    State tax regulation plays important roll in encouraging of farm development in USA. Since 1988 the tax rates on profit in agriculture have been established at a rate of 15 and 28% whereas earlier they ranged from 11 up to 50 % with the intermediate rates. Farms with the income up to 50000 dollars pay tax at the 15 % rate, and every next 25000 dollars at - 28% rate. Since 1989 the size of the tax-free profit has increased up to 2000, and since 1990 - up to 5000 dollars.
    Calculation of surtax in USA agro industrial complex has a number of peculiarities, each of which can represent a tax privilege. The USA tax laws gives the farmers the right to subtract the costs connected with some works in agriculture and cattle breeding from the tax paid. Work on soil preservation, water resources protection, soil preparation for farming are of thus kind. The tax discounts works for the incomes and losses suffered by the farmers in connection with the sale of cattle or forages. These losses are subtracted from the farmer's charges and the more favorable taxation mode is used for profit, than for income taxation. The farmers, who are engaged in cattle feeding use a tax privilege as a delay of income getting, that is all expenses are estimated per one year, and all incomes on his (its) realization the next year. Besides the farmers have the right to apply methods of accelerated amortization of agricultural machines and equipment on higher rates. It allows them to considerably reduce the sizes of the taxed income, which is to pay the taxes on the lower rates. As a result, the more machines, equipment, the farmer gets, the less taxes he pays this year and in the following period of amortization. The farmers are given alternative to use new amortization rules to reduce the taxed income or to make allocation by equal shares for 3-45 years depending on the kind of property.
    The tax rules for corporations limit the sizes of the allowed allocation from the taxed income connected with expenses for fodder, seeds and fertilizer. The farmer corporation can receive the right for discounts only after actual complete consumption of materials.
    The special tax privileges are given to farmer cooperative societies. Thus, fruit growing cooperative societies, marketing, and also those purchasing farm machines are released from surtax payment.
    One of major functions of tax privileges in agriculture is to stimulate scientific and technical development, accelerate realization of technical novelties, which, as a rule, require large additional capital investments. To stimulate investments of the farmer capital in technical innovations the special conditions of the taxation are provided these tax laws:
    Establishment of the tax discounts on the investments gain;
    Budget compensation for tax payments on investment gain;
    Prolongation of tax payments and capital investment gain for the period of end of investment process completion.
    Farmer has the right to take advantage of one of the favorable taxation terms, if he introduces innovations, which are found in the state or regional agrarian programs. The farmers participating in the state agrarian programs have the right to detain tax payment capital investments gain as long as the investment process is completed. The tax volume decreases by inflation, and the sum of the tax is distributed per years in regular intervals.
    The state tax regulation in the USA enables the farmers of the advanced countries to change the size tax volume at the expense of use of various tax privileges and discounts. The numerous tax privileges reduce fiscal functions of taxation system in agrarian sector to a minimum level. ............