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Ukraine's State Fiscal Service Head: Tax amnesty should be introduced in 2016

Ukraine's State Fiscal Service Head: Tax amnesty should be introduced in 2016Disclosure of information on ill-gotten assets in exchange for amnesty should be introduced in 2016 to combat corruption and bring the economy out of the shadow, Head of Ukraine's State Fiscal Service Roman Nasirov has said.

Read also: 643 Ukrainian citizens own 469 offshore companies - Panama Papers

"The zero tax declaration should be introduced this year for absolutely all citizens who have assets exceeding UAH 1 million in order to remove business from the shadows. The zero declaration implies the disclosure of information on ill-gotten assets in exchange for amnesty. This could be an effective tool to fight corruption and bring the economy out of the shadows," he wrote on his Facebook page.
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