Implementation of standards BEPS in Ukraine has become a tool to “nightmare” business expert

Внедрение стандартов BEPS в Украине превратилось в инструмент, чтобы «кошмарить» бизнес – эксперт

In Ukraine, the implementation of standards BEPS, aimed at combating double the tax base, has become a tool of the tax authorities in order to “nightmare” business.

This commentary, ГолосUA announced financial analyst, economist Alex Kush.

Therefore, Ukraine needs to move in this direction, but the problem is that we do this is some kind of convulsions. The fact that we can take a Convention to adopt, the second is not to take ctreia just joined but not ratified, the 4th was signed by the Minister of Finance, but not ratified lie, and no transition period there, and everything is going on wheels, the exact zero point reference no… instead this system is stimulated prostatectomies and increased revenues, all of this leads to the opposite effect. That is, the transparency is further exacerbated, budget revenues are reduced, and methodology that starts fiscal authorities, it is used to separate the unwanted nightmare of business representatives, as an instrument of fiscal and political pressure. That’s why in Ukraine is constantly scratching his right hand the left ear, the effect is the same,” said the analyst.

A. Kushch said that in many countries use more proper approach to the introduction of a system of standards BEPS.

“How it’s done in normal countries adopted a package of laws, the integrity, which include a dozen of international agreements, conventions to which the state subscribes. Then a kind of “point zero”, the transition to which the economic entities allowed to put himself in order, for example, during the year, and a year later begin to strictly control all, without exception, no selective justice,” said a financial analyst.

We will remind, at the end of December 2018 the Cabinet of Ministers by its decree has made changes in the list of offshore zones. About it reports RBC-Ukraine.

In particular, the list of offshore zones included Trinidad and Tobago, Namibia, GUAM, Palau and American Samoa. As noted in the economic development and trade, Ukraine Ukrainian periodically updates the list of offshore zones based on the data of the global forum on transparency and exchange of information for tax purposes OECD.

The forum has formed a “Black list” of States that are not configured for cooperation on tax matters and not fulfilling the OECD standards, which included these countries.

“The decision will allow to more effectively prevent and counteract the legalization (laundering) of incomes obtained in a criminal way and financing of terrorism and proliferation of weapons of mass destruction”, – noted in the Ministry.