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Ukraine's Prime Minister Orders Tax Reforms

by Lorys Charalambous, Tax-News.com, Cyprus

18 July 2014


Ukraine's Prime Minister, Arseniy Yatsenyuk, has ordered the country's new State Fiscal Service (SFS) to implement tax reforms and develop a new Financial Investigation Service to replace the tax police.

Speaking at a meeting with the heads of the SFS, Yatsenyuk said that he wanted to see a reduction in the number of taxes, a broader tax base, and a simplification of the tax system. He added that Ukraine also needs to change its attitude towards taxpayers.

The Prime Minister further told the SFS to use its database to verify tax information and to introduce special VAT invoices.

Referring to the situation with Russia, Yatsenyuk explained that Ukraine needs funding for the army and for defense, and to know that the Tax Administration, the Internal Revenue Service and the SFS are all free from corruption.

He ended by giving the SFS a deadline of September 1, adding that "even that's too much."

TAGS: tax | ministry of finance | tax authority | tax reform | Ukraine | Tax | Tax Evasion

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