The business community names the key obstacles to its development and investment in Ukraine.

According to the EBA, compared to last year, the number of those considering tax legislation to be of high quality decreased from 26% to the current 9%. According to the interviewees, constant changes, disagreements, ambiguous provisions, and complexity of the legislation have the greatest negative impact on quality.

In total, 52% of experts assessed the current tax regime in Ukraine as satisfactory, 40% believe that it hindered business development and investment attraction, and only 8% feel that it contributed to development. Also, 42% of respondents consider the procedure of tax administration and preparation of tax reporting burdensome.

A quarter of the respondents reported appreciable fiscal pressure, 40% reported moderate pressure, and 7% reported no fiscal pressure. Among the manifestations of fiscal pressure, businesses singled out unreasonable interpretations of tax legislation by control bodies – 64%. The number of complaints about unfounded information requests (55%) and artificial blocking of tax invoices (41%) has increased significantly.