PwC: Ukraine could improve position in global tax ranking without changing Tax Code
KYIV. Nov 23 (Interfax-Ukraine) - Ukraine could improve its position in the next Paying Taxes global annual ranking, which is a joint project of PwC and the World Bank Group.
Partner of PwC Ukraine Viacheslav Vlasov said this at a press conference at Interfax-Ukraine.
"To change the situation, it is not necessarily to amend the Tax Code. Much depends on the Ministry of Finance and the State Fiscal Service in improving administration. For example, improvement of those electronic services that are available to businesses in Ukraine," he said.
According to the recently released data of the Paying Taxes 2017 ranking, Ukraine ranked 84th (Bulgaria ranked 83rd, Barbados 85th, Russia 45th, Poland 47th, Belarus 99th) among 190 countries, losing one position compared to the previous year. The study was based on data from 2015.
According to Vlasov, elimination of paper document turnover, return to annual financial statements (from quarterly) on income tax, simplification of tax return forms will contribute to improvement of the country's position.