Agricultural Losses
Dr. Oleksiy O. Feliv, LL.M., Olesya I. Stolyarska, LL.M.
Investors intending to use agricultural land for purposes not associated with agriculture, like industrial, commercial development or mining, will very likely deal with compensation of so-called agricultural losses. Agricultural losses are a kind of compensation to the local and central budgets for loss of agricultural land as a valuable national asset. Notably, this charge also applies where agricultural land is going to be rezoned— independently whether it is held by the state, municipality or privately. Agricultural losses are due when the agricultural land ceases to be agricultural…
The abstract/extract view of this article is free. Access to the full text of this article requires a subscription.
Please send subscription inquiries by:
Phone: +380 44 495-27-27
E-mail: subscribe@ujbl.info