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community Initiative

Restoring Donbas

community Initiative OF OLEKSANDR KLYMENKO

Three systemic steps in the tax policy

12:00 / 17 Dec. 2014 / 943

Three systemic steps in the tax policy

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 the number of taxes, but also qualitative transformations, stimulating entrepreneurial initiative. This will allow pulling national economy out of the dive.

Three systemic steps in the tax policy, which will have an enormous positive effect for business, are enough for this purpose:

– Deregulation of doing business.

– Maximum simplification of reporting.

– Reduction of the time for paying taxes.

Three systemic steps in the tax policy

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