Ukraine has one of the most liberal tax laws in Europe – expert
At the same time, according to him, Ukraine has not bad legislation system
What happened? Oleksii Moldovan, managing partner of the Eurostrategy Center for Economic and Political Initiatives, claims that Ukraine has one of the most liberal tax laws in Europe.
Source. This was stated during the broadcast of Mind Talks: “Ukraine's candidacy to join the EU: how long the accession path will be and what changes (legislative and not only) Ukraine will need to implement”
Details. Moldovan notes that at the same time, Ukraine has one of the lowest tax rates among European countries, which amounts to only 18%. Whereas, for example, such a rate in Germany, France amounts to 45%, and in Spain – to 47%.
“Each state decides on its own how liberal it wants to be, but the principle of such liberalism is somehow not well supported in European countries, because the aspect of filling the state budget is extremely important,” says Moldovan.
The expert adds that the European Union only gives a general vision of how it should be, but the legislation may be different in each country.
“For example, in Slovakia, “three taxes – three laws” is actually ten pages. And I saw the Tax Code of Poland, which consisted of two volumes,” says Moldovan.
He notes that “politicians in European countries are much more strict with taxpayers.”
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