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Ukrainian American Bar Association

Ukraine Fights Second Enemy: Corruption

04 Feb 2015 7:41 PM | Anonymous

While Ukrainian troops are fighting off a renewed offensive by separatists in the east, Kiev is launching a new battle against corruption in the ranks of its own bureaucracy. Cracking down on tax fraud is one of the first priorities. On Monday, Feb. 2, Ukraine started a new electronic system for corporate tax filing to try to eliminate about $1 billion a year in tax fraud, said Finance Minister Natalie Jaresko. Streamlining tax filing is meant to make the system more transparent and less susceptible to abuse by corrupt companies and officials.   Foreign Policy.   Read More

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