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УДК 332.1:336.22:631.1

DOI: https://doi.org/10.36887/2415-8453-2025-2-79

Tomakh Volodymyr,
Research Fellow at the Livestock Farming Institute of the National Academy of Agrarian Sciences of Ukraine,
https://orcid.org/0009-0006-5449-014X

JEL classification: D21, D90, M21, L10, O12

The article analyzes the current state and transformation of Ukraine’s land resource management system amidst martial law and the activation of the second stage of land reform. It explores the transition of land from a territorial resource to a strategic financial asset, the value of which is determined by investment attractiveness and the quality of environmental management. The aim of the article is a comprehensive substantiation and systematization of financial and economic levers for optimizing land-use costs, specifically through the mechanisms of lease relations, tax planning, and the utilization of international investment instruments for soil fertility restoration as of the end of 2024. The study employs statistical and comparative analysis methods to evaluate price dynamics in the agricultural land market (highlighting the share of legal entities), as well as economic-mathematical modeling to calculate the Minimum Tax Liability (MTL) and assess the fiscal burden on agricultural producers. The theoretical framework is based on “green” modernization concepts and EU Green Deal standards. Three key vectors of cost optimization are identified: adaptive lease management amidst a 20.2% annual price increase; precision tax planning within the fourth group of the single tax; and investment de-risking through the Ukraine Investment Framework (UIF) instruments. Attention is paid to the Blended Finance mechanism and EU guarantees amounting to €9.3 billion, which facilitate the attraction of credit resources for land reclamation and demining. It is proved that digitalization through “electronic certification” and the implementation of Agriculture 4.0 technologies is a prerequisite for accessing concessional capital under the Ukraine Facility program. It is concluded that land-use efficiency in 2025–2026 will depend on the agribusinesses’ ability to transform cost centers into strategic assets through investments in soil health. Prospects for further research are linked to the integration of Ukrainian farms into the European carbon credit market (Carbon Farming), which will allow for the monetization of environmental production sustainability.

Keywords: land resources, lease relations, Minimum Tax Liability (MTL), Ukraine Investment Framework (UIF), soil fertility restoration, Agriculture 4.0, land capitalization, single tax group 4, Ukraine Facility, investment attractiveness.

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The article was received 10.04.2025

Quote article, APA style

Tomakh V. 10.04.2025 . Financial and economic levers to optimize costs associated with the use of land resources. Ukrainian Journal of Applied Economics and Technology. 2025. №2. 404-407 pp. https://doi.org/10.36887/2415-8453-2025-2-79

Quote article, MLA style

Tomakh V. Financial and economic levers to optimize costs associated with the use of land resources. Ukrainian Journal of Applied Economics and Technology. 10.04.2025 . https://doi.org/10.36887/2415-8453-2025-2-79