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How Ukrainian farmers are using the cover of war to escape taxes

The Owner Press by The Owner Press
December 17, 2024
in Business News
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Since Russia started its invasion in 2022, Ukraine’s financial system has shrunk by 1 / 4. However the ravages of conflict should not the one purpose for the federal government’s decreased tax take. Companies are additionally making use of the chaos to dodge paying their fair proportion. That is significantly true in agriculture, which earlier than the conflict was chargeable for 40% or so of Ukraine’s exports by earnings. The sector has been remodeled by a scramble to seek out export routes secure from Russian assault. As Taras Kachka, Ukraine’s deputy minister for agriculture, notes, this disturbance has supplied loads of alternative for farmers to “optimise taxes”.



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