The current situation.
The taxes for employers are too high, which makes Ukraine less attractive for investors and business development, in spite of its economic potential.
According to the World Bank’s research, which bases upon 10 main criteria important for conducting business, Ukraine takes the 174 place from 175.
Taking into consideration the criterion of easiness of tax payments our country takes the 152 place from 155.
Our government takes away from business about 49% of surplus value. At an average about 62% of individual income of our citizens are assigning to central budget and pension fund. Total tax load on the economy today accounts for 49% of GDP.
After all tax system of Ukraine is very difficult in assigning taxes. There are 26 national and 14 types of local taxes. Average company must pay 9-12 types of taxes. In order to discharge tax duty in Ukraine you should spend 2185 hours a year, that is 91 days.
The difference in the tax load between fields of......
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