Welcome!

News Feed Item

Oleksandr Klymenko Critical Of Ukrainian Military Tax

Former Ukrainian Revenues and Duties Minister Evaluates New Tax to Fund Army

KIEV, Ukraine, Aug. 25, 2014 /PRNewswire/ -- Former Ukrainian Minister of Revenues and Duties Oleksandr Klymenko (http://oleksandrklymenko.com) offered his assessment of the recently enacted military tax to support ongoing army activity in the strife-torn Eastern regions of Ukraine.

Former Ukrainian Minister of Revenues and Duties Oleksandr Klymenko voiced concern regarding a new military tax supporting army activity in Eastern Ukraine: "The new law does not differentiate between income levels and therefore imposes the military duty on all taxpayers."

"I'm not going to enter into a debate about the fairness of this new tax, which places the burden of military actions on the shoulders of ordinary citizens," said Klymenko.  "Let's simply look at the implications of the legislation approved by Parliament.  The new law does not differentiate between income levels – despite previous discussions – and therefore imposes the military duty on all taxpayers."

The Ukrainian Parliament adopted a flat 1.5% military tariff into its tax code, to be in effect through the end of 2014. The Government of Ukraine, which has declared its treasury to be empty, hopes to receive around $240 million in increased revenue from the new tax to finance the country's Armed Forces.

Klymenko (http://oleksandrklymenkotaxesukraine.com), who served as Minister of Revenues and Duties from December 2012 to February 2014, analyzed the army tariff and predicted the Ukrainian Government would only succeed in collecting 10% of its projected figures.

One possible course of action which Klymenko apprehensively foresees the Government relying on to increase military tax collection is the application of "administrative pressure" on employers paying salaries under the table.  This approach would be further amplified by the indefinite postponement of reduced Unified Social Tax rates for businesses which is currently in effect.

Klymenko (http://oleksandrklymenko4euintegration.com/) views the current activity in Kiev regarding Unified Social Tax-related matters as the continuation of a "nontransparent distribution of assets between funds" which leaves "taxpayers and businesses with no recourse but to act outside of the system."

Under Klymenko's administration, significant strides were made in electronically streamlining the tax system and increasing the number of Ukrainian taxpayers using a digital platform.  The leader worked toward shifting his country's tax system from a purely fiscal body to one with a consumer-friendly service orientation by opening over 500 taxpayer service centers throughout Ukraine. Klymenko also established a Monitoring Center to increase tax efficiency while enabling maximum exposure and transparency. The initiative served to combat tax fraud and evasion attempts and achieved tangible success by a subsequent sharp increase in VAT collection into the Ukrainian Treasury.

For additional information:
Andrey Sokolov, Adviser to Oleksandr Klymenko
[email protected] / +380677658787

Photo - http://photos.prnewswire.com/prnh/20140825/139200

SOURCE Office of Oleksandr Klymenko

More Stories By PR Newswire

Copyright © 2007 PR Newswire. All rights reserved. Republication or redistribution of PRNewswire content is expressly prohibited without the prior written consent of PRNewswire. PRNewswire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

Latest Stories
"Loom is applying artificial intelligence and machine learning into the entire log analysis process, from start to finish and at the end you will get a human touch,” explained Sabo Taylor Diab, Vice President, Marketing at Loom Systems, in this SYS-CON.tv interview at 20th Cloud Expo, held June 6-8, 2017, at the Javits Center in New York City, NY.
After more than five years of DevOps, definitions are evolving, boundaries are expanding, ‘unicorns’ are no longer rare, enterprises are on board, and pundits are moving on. Can we now look at an evolution of DevOps? Should we? Is the foundation of DevOps ‘done’, or is there still too much left to do? What is mature, and what is still missing? What does the next 5 years of DevOps look like? In this Power Panel at DevOps Summit, moderated by DevOps Summit Conference Chair Andi Mann, panelists loo...
@DevOpsSummit at Cloud Expo taking place Oct 31 - Nov 2, 2017, at the Santa Clara Convention Center, Santa Clara, CA, is co-located with the 21st International Cloud Expo and will feature technical sessions from a rock star conference faculty and the leading industry players in the world. The widespread success of cloud computing is driving the DevOps revolution in enterprise IT. Now as never before, development teams must communicate and collaborate in a dynamic, 24/7/365 environment. There is ...
Cloud applications are seeing a deluge of requests to support the exploding advanced analytics market. “Open analytics” is the emerging strategy to deliver that data through an open data access layer, in the cloud, to be directly consumed by external analytics tools and popular programming languages. An increasing number of data engineers and data scientists use a variety of platforms and advanced analytics languages such as SAS, R, Python and Java, as well as frameworks such as Hadoop and Spark...
"MobiDev is a Ukraine-based software development company. We do mobile development, and we're specialists in that. But we do full stack software development for entrepreneurs, for emerging companies, and for enterprise ventures," explained Alan Winters, U.S. Head of Business Development at MobiDev, in this SYS-CON.tv interview at 20th Cloud Expo, held June 6-8, 2017, at the Javits Center in New York City, NY.
A look across the tech landscape at the disruptive technologies that are increasing in prominence and speculate as to which will be most impactful for communications – namely, AI and Cloud Computing. In his session at 20th Cloud Expo, Curtis Peterson, VP of Operations at RingCentral, highlighted the current challenges of these transformative technologies and shared strategies for preparing your organization for these changes. This “view from the top” outlined the latest trends and developments i...
For organizations that have amassed large sums of software complexity, taking a microservices approach is the first step toward DevOps and continuous improvement / development. Integrating system-level analysis with microservices makes it easier to change and add functionality to applications at any time without the increase of risk. Before you start big transformation projects or a cloud migration, make sure these changes won’t take down your entire organization.
Automation is enabling enterprises to design, deploy, and manage more complex, hybrid cloud environments. Yet the people who manage these environments must be trained in and understanding these environments better than ever before. A new era of analytics and cognitive computing is adding intelligence, but also more complexity, to these cloud environments. How smart is your cloud? How smart should it be? In this power panel at 20th Cloud Expo, moderated by Conference Chair Roger Strukhoff, paneli...
You know you need the cloud, but you’re hesitant to simply dump everything at Amazon since you know that not all workloads are suitable for cloud. You know that you want the kind of ease of use and scalability that you get with public cloud, but your applications are architected in a way that makes the public cloud a non-starter. You’re looking at private cloud solutions based on hyperconverged infrastructure, but you’re concerned with the limits inherent in those technologies.
The current age of digital transformation means that IT organizations must adapt their toolset to cover all digital experiences, beyond just the end users’. Today’s businesses can no longer focus solely on the digital interactions they manage with employees or customers; they must now contend with non-traditional factors. Whether it's the power of brand to make or break a company, the need to monitor across all locations 24/7, or the ability to proactively resolve issues, companies must adapt to...
SYS-CON Events announced today that TMC has been named “Media Sponsor” of SYS-CON's 21st International Cloud Expo and Big Data at Cloud Expo, which will take place on Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. Global buyers rely on TMC’s content-driven marketplaces to make purchase decisions and navigate markets. Learn how we can help you reach your marketing goals.
Managing mission-critical SAP systems and landscapes has never been easy. Add public cloud with its myriad of powerful cloud native services and this may not change any time soon. Public cloud offers exciting new possibilities for enterprise workloads. But to make use of these possibilities and capabilities, IT teams need to re-think everything they have done before. Otherwise, they will just end up using public cloud as a hosting platform for their workloads, aka known as “lift and shift.”
Cloud promises the agility required by today’s digital businesses. As organizations adopt cloud based infrastructures and services, their IT resources become increasingly dynamic and hybrid in nature. Managing these require modern IT operations and tools. In his session at 20th Cloud Expo, Raj Sundaram, Senior Principal Product Manager at CA Technologies, will discuss how to modernize your IT operations in order to proactively manage your hybrid cloud and IT environments. He will be sharing bes...
SYS-CON Events announced today that TechTarget has been named “Media Sponsor” of SYS-CON's 21st International Cloud Expo, which will take place on Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. TechTarget storage websites are the best online information resource for news, tips and expert advice for the storage, backup and disaster recovery markets.
SYS-CON Events announced today that Telecom Reseller has been named “Media Sponsor” of SYS-CON's 21st International Cloud Expo, which will take place on Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. Telecom Reseller reports on Unified Communications, UCaaS, BPaaS for enterprise and SMBs. They report extensively on both customer premises based solutions such as IP-PBX as well as cloud based and hosted platforms.