Law No. 320-XIV on the fixed agricultural tax.

The Law consists of 9 Articles. This Law gives the right to agricultural producers to pay the fixed agricultural tax in lieu of the following taxes and fees (obligatory payments): 1) land tax (fee); 2) fee for special use of natural resources (in the part dealing with using water to meet the needs of agriculture). Other taxes and fees (obligatory payments) are paid by agricultural producers in accordance with the legislation of Ukraine. The fixed agricultural tax is payable only in monetary form. The object of taxation is the area of agricultural lands transferred to the agricultural producer in ownership or use, including on the basis of lease, as well as transfer of lands of water reserves, used by fisheries, fishing and fisherman's grounds for breeding, growing and catching fish in internal bodies of water (lakes, ponds and water reservoirs). At the same time the Law (Article 4) provides for other terms of payment of the fixed agricultural tax for payers who carry out activities in mountainous and wood territories. Final provisions (Article 9) specify laws that are suspended with respect to agricultural producers - payers of the fixed agricultural tax.