Tax Code of Ukraine returns during azarovschiny - media

Government of Prime Minister Mykola Azarov gave unlimited power over the business in the hands of the tax authorities. Tightening tax administration by the Tax Code, the former head of the Tax Administration freed the hands of tax inspectors in the production of money in the budget adopted in November 2010 Code of the Ukrainian business met with hostility. In particular, its second section, which refers to the tax administration. This section is a big step back - at least directly during the "azarovschiny" are particularly memorable Ukrainian businessmen desire to control all of the tax from the market traders to large businesses and to squeeze the most out of them, writes Investgazeta. Administration of taxes, probably the central part of the Achilles' heel of the investment climate in Ukraine. Our country ranks 181 th among 183 countries in terms of paying taxes in the World Bank and International Finance Corporation's Doing Business 2011. Here intertwined several components. On the one hand, this level of complexity of calculating taxes. The average Ukrainian company spends 657 hours a year (for comparison, in Georgia - 387 hours). Additional burden for businesses are visiting regulatory bodies and the cost of paying the cost of temporary workers who are tax records. On the other hand - arbitrariness of the tax authorities. Any company in Ukraine is forced to work in conditions of multiple checks and a variety of coercive methods, available in the arsenal of tax. "However, the logic of the tax authorities in their own way is also understandable. Tax mission "in Azarov - by whatever means to ensure filling of the budget. From one year to the government plan to increase tax collection by almost a third "- the newspaper writes. So, in 2010, STA has provided a general fund budget of almost 100.5 billion UAH. That is, a third more than in 2009 and 1,5% over the plan. This year, the tax should also not hit the face in the dirt: this year's planned collection of payments in the amount of 169.7 bln. That almost two thirds more than in 2010. As a result, according to the International Finance Corporation, in 2008, except the taxes and charges, Ukrainian business has spent at least another 7,8 billion UAH. for activities associated with their administration. "For small businesses Ukrainian tax compliance costs of more than 8% of their annual income, and for entrepreneurs with the lowest incomes - over 10%, - says Dmitry Pyatachenko, IFC advisor on tax matters of the project" The cost of compliance with tax laws of Ukraine. " - This reduces the competitiveness of small business that loses large corporations both in foreign and domestic markets. "