Taxes

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State tax and labor services crack down on $18 billion in shadow salaries

For businesses in Ukraine, avoiding taxes has long been one of the ways to remain competitive and circumvent bureaucracy. Businesses still frequently …
Asami Terajima

New tax amnesty bill encourages taxpayers to come clean

The Ukrainian parliament on March 30 approved the first reading of a tax amnesty bill in a historic move to fight widespread tax evasion which costs …
Alexander Query

Country loses $7.7 billion to tax evasion each year

Tax evasion costs Ukraine $7.7 billion per year, according to the State Tax Service. Envelope wages and value-added tax evasion are the most common …
Asami Terajima

Business Focus: Ukraine’s Tax Update

Editor’s Note: Business Focus: Tax Update takes a look at how Ukraine is managing its taxation system. For that, the Kyiv Post has interviewed the key …
Kyiv Post

Top tax lawmaker Getmantsev works on de-shadowing Ukraine’s economy

Ukraine’s underground economy remains immense, with up to 60% of the individuals and businesses dodging taxes, according to estimates of one of the …
Liza Semko

Former tax chief Verlanov: Riddled with corruption, tax office became political tool

Serhiy Verlanov, 39, used to lead the country’s tax service and enjoyed a reputation as an honest official ready to change Ukraine for the …
Alexander Query

Cofounded by Dubilet, startup Checkbox offers entrepreneurs virtual cash registers

The Verkhovna Rada, Ukraine’s parliament, allowed businesses to replace old-fashioned cash registers with digital alternatives in the summer of …
Daryna Antoniuk

Mandatory cash registers stir controversy

Ukraine’s economy operates notoriously in the shadows: people get paid under the table and sell goods under the counter. Overall, tax evasion may cost …
Daryna Antoniuk
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