How to create understandable and predictable tax system in Ukraine
Three systemic steps in the tax policy
12:00 / 17 Dec. 2014 / 976
Today, in order to recover its investment potential and to increase competitiveness in world markets, Ukraine needs to ensure a decisive liberalization of the rules of conduct business. Ukrainian tax system needs transformations that would open access to entrepreneurship to anyone who feels the strength and desire to act. This entails not just arithmetical reduction […]
In less than 2 years Ministry of Revenues and Duties of Ukraine led by Oleksandr Klymenko was able to reduce the number of taxes and duties in Ukraine from 135 to 22. Within the framework of continuation of the work on systemic simpli cation of the tax system, a concept on reduction of number of […]
Standardization of reporting on unified social tax and individual income tax
12:00 / 19 Dec. 2014 / 1057
This will significantly simplify tax reporting by reducing document flow and reducing time spent on paying taxes. Corresponding initiative was proposed by the Ministry of Revenue and Duties in January 2014 and subsequently received approving comments of the public and business. The new Government has actually frozen implementation of this reform, and has assigned it […]
Such initiative will make tax accounting simpler and clearer, will reduce the amount of time and cost for both business and tax officials. This convergence, as a strategic objective, has been documented in the Tax Code of Ukraine, adopted in 2011. Ministry of Revenue and Duties, together with the Investment Council formalized this idea into […]
According to the businessmen, electronic services, which were implemented in tax and customs areas in 2012-2013, considerably simplified business environment in Ukraine. These assessments are reflected in the Ukrainian success in the World Bank Doing Business.
A full-scale launch of the Electronic Taxpayer Cabinet and Electronic Remote Business Audits
12:00 / 22 Dec. 2014 / 1215
A full-scale launch of the Electronic Taxpayer Cabinet and Electronic Remote Business Audits are the priority issues. Contacts of business and the state at the level of e-services would not only significantly speed up the procedural issues, but would eliminate the human factor. Electronic Taxpayer Cabinet. This tool has been put into operation in 2013 […]
Most of the reforms that are required in Ukraine now, have already started being implemented in previous years. Today it is necessary to cast away political prejudices, and to ensure the continuity of the reforms and their predictability for citizens, businesses and foreign partners. At the time of crisis and entry into the European markets, […]
Recent Comments