Ukraine: tax debt exceeding $4 billion

Deputy Chairman of the State Fiscal Service (SFS) of Ukraine Yevhen Bambizov says the agency, due to the lack of effective mechanisms to influence debtors to recover tax debt that exceeds UAH 107 billion ($4 billion), insists on expanding its powers. “Tax debt accounts for 10% of the state budget revenue for the current year.…

Ukraine: population income up in 2018

The income of the population in Ukraine grew by 9.9% YoY in 2018, to UAH 3.219 trillion ($119.24 billion). “Disposable income per person amounted to UAH 57,908.6 ($2,144),” the State Statistics Service said. As for the income structure, 47.4% was salary (45.6% in 2017), 17.6% – profit and mixed income (18%), 2.6% – income from…