Tax Ukraine Latest Information

Tax Ukraine Latest Information

Chief tax officer: Tax payment rate hits 96% in Ukraine in 2011
The level of the voluntary payment of taxes by Ukrainians in 2011 was 96%, according to the chief of Ukraine's State Tax Service Oleksandr Klymenko. "In 2011, the level of tax payments was 96%. This is a very good indicator - of course it's not 100% yet, but we're getting there.

Ukraine only starting to harness potential of renewable energy
Ukraine is beginning to harness what Mother Nature has endowed it in a big way. Every shade of investor, from local and foreign, to municipal and portfolio, is starting to take advantage of Ukraine’s vast natural resources to produce renewable energy.

Mexico, Ukraine Sign DTA
On January 23, 2012, in Mexico City, Mexico’s Secretary of Finance, Jose Antonio Meade Kuribreña, and Ukraine’s Foreign Affairs Minister, Kostyantyn Gryshchenko, signed a double taxation agreement (DTA) designed to promote investment flows between their two countries.

Tax service: Over 85% of businessmen switch to single tax system
Over 85% of Ukrainian businessmen as of early morning Jan. 25, 2012 had managed to switch to the new model of the single tax system.

A taxing, troubling situation in Ukraine
Alexander J. Motyl writes: An authoritative report contains grim news for Ukraine on the ease of paying taxes in the country. Paying Taxes 2012, the annual study from PricewaterhouseCoopers, the World Bank and the International Finance Corporation, was released a few weeks ago.

How and where to invest in Ukraine – if you can stand the risk
With developed markets mired in stagnation, investors are scouring the globe in search of places to put their money. Off the beaten path, Ukraine presents precisely this kind of promise, if only one knows how and where to look.

In Ukraine, Small-Business Owners Push Corruption Fight to the Limit
Ever since Igor Zaprudskiy, 50, owner of a small lamp store in Eastern Ukraine, decided to take up the fight against the corruption, which has battered him and other small [...]

Ukraine’s Tymoshenko faces a longer jail sentence
Tymoshenko was sentenced to seven years in prison in October for abuse of power after signing gas deals with Russia.

India signs international tax treaty
The pact will help it to curb tax evasion and trace black money stashed away abroad

Ukraine-Macroeconomic situation – December 2011
WASHINGTON, D.C. - The "Ukraine - Macroeconomic Situation - December 2011" analytical report prepared by the SigmaBleyzer private equity investment firm and The Bleyzer Foundation (TBF), Kyiv, Ukraine, members of the U.S.-Ukraine Business Council (USUBC), http://www.USUBC.org , is found below.

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