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ShadowEconomy

Friday, February 11
The shadow sector in Ukraine reaches 31%.

The shadow sector in Ukraine reaches 31%. The level of Ukraine’s shadow economy decreased by 1% in the first three quarters of 2021 from 32%, stated the Ministry of Economy. The share of the shadow economy decreased the most in the real...

  • #ShadowEconomy
  • #UkraineEconomy
Thursday, January 6
De-shadowing brought the budget more than UAH 50B

De-shadowing brought the budget more than UAH 50B . According to Chairman of the Committee on Finance, Tax and Customs Policy Danilo Getmantsev,, the state budget received an additional UAH 14.8B from domestic taxes in December alone, or 42.6% more t...

  • #ShadowEconomy
  • #UkraineShadowEconomy
Tuesday, December 14
Tax pressure drives businesses into the shadows.

Tax pressure drives businesses into the shadows. “The authorities should work to reduce tax pressure on business and not increase it, as was done by adopting bill 5600. Under this condition, enterprises will continue to go into the shadow”, said Sve...

  • #EBA
  • #ShadowEconomy
  • #TaxPressureinUkraine
Tuesday, November 30
The level of the shadow economy in Ukraine has exceeded 30% of all economic activity.

The level of the shadow economy in Ukraine has exceeded 30% of all economic activity. Two of the four methods used to assess the level of the shadow economy recorded an increase compared to January-June 2020, announced the Ministry of Economy of Ukraine. The level of the shadow economy...

  • #ShadowEconomy
  • #ShadoweconomyinUkraine
Wednesday, April 14

Off the books transactions account for half of Ukraine’s GDP, Danylo Hetmantsev, estimated the Chairman of the Rada’s Committee on Finance, Tax and Customs Policy, in an interview with Ukrinform, the state-owned news agency. “I believe that the size of the shado...

  • #Offthebookstransactions
  • #ShadowEconomy
  • #UkraineEconomy
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