The Ministry of Finance is inclined to reform Ukraine’s simplified taxation system following the Polish model.

According to the Deputy Minister of Finance, Svitlana Vorobey, “We took the Polish taxation system of small and medium-sized businesses as a basis. Poland has a differentiated system, with rates ranging from 2% to 20%. The tax rates change from time to time, depending on the economy. The highest rates are for activities in which the least expensive part is, for example, the provision of services“.

The Ministry of Finance does not plan to discuss the specific rates in the new simplified taxation system.

Vorobey noted, “We have an approximate list of rates, but it will not be introduced all at once, it will be widely discussed with business. It will be a public process.”

A change in the tax model is not in the near future. The Ministry of Finance warned that the reform of the State Tax Service must first take place, and only then it will be possible to talk about changing taxes.