A simplified tax system is one of the essential tools for supporting. The system has existed since 1998 and has undergone many changes during this period. The problem is that although the system does, indeed, give some support to micro- and small businesses, it created different types of distortions and disincentives.
Highlight: GAS MARKET
Late February was marked by the victory celebration at the Ukrainian gas market as Ukrainian Naftogaz won the case on gas transit against the Russian Gazprom at the Stockholm Arbitrage Court. Together with almost USD 2 bn that the Naftogaz owes the Gazprom in the gas case, the Naftogaz net win is USD 2.6 bn. However, already on March 1, 2018, Russia used the same tactic against Ukraine as it did in 2009: refusing to supply gas to the country. Ukraine faced gas shortage.
The German Advisory Group Ukraine in cooperation with the Institute for Economic Research Kiev (IER) and Otten Consulting, published a range of papers on the currently discussed, possible introduction of an Tax on Withdrawn Capital. Our estimates have been subject to discussion in the extensive debate led by various actors in Ukraine. We would like to clarify our recommendations
To facilitate public discussion on defining the Ukrainian society current problems and the new government’s ways to address them, as well as defining the outlines of a model of power (political regime), which is being formed today in Ukraine.