FISCAL REGULATION OF SUSTAINABLE WATER USE: NATURAL RESOURCE AND DECENTRALIZATION CONTEXT

Іt has been proved that the main form of charge of natural rent in the conditions of reforming local self-government and territorial organization of power is the collection of rent for special water use from surface underground sources. It is reasonable that one of the instruments to promote the sustainable use of water and simultaneously a regulator of the formation of the water rent and water "anti-rent" (in case of pollution by the wastewater of water bodies) is an environmental tax for discharges of pollutants directly into water bodies. It has been determined that the key effective indicator of the budgetary decentralization reform is the distribution of water rent, including the fee for special use of water from water bodies of national importance between the state and local budgets equally, that is, fifty-fifty, which, on the one hand, has expanded the tax base of pumping up the local budgets, and on the other — has increased the interest of local government to ensuring adequate and transparent charge of water rent based on the volume of water resources attracted in circulation from the natural resource sphere. It has been established that the non-consideration of the sectoral and reproductive characteristics of the economic development of water resources potential has led to significant excesses and imbalances in the formation and charge of water rent in various segments of the national economy, in particular in the natural resource sector. Studies have shown that positive changes in the dynamics of the nominal value of the water rent are related to the influence of quantitative factors (revision of the payment standards due to the inflation processes) and not to the influence of qualitative changes in terms of expanding the tax base for this fiscal payments, forming disincentive inertial effects of fiscal regulation of sustainable water use of the natural resource sector of the national economy in the context of decentralization.