IMF Staff Country Reports

Ukraine : Technical Assistance Report-Distributed Profit Tax; Voluntary Disclosure of Assets; and BEPs Implementation

Author/Editor:

International Monetary Fund. Fiscal Affairs Dept.

Publication Date:

November 25, 2019

Electronic Access:

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Summary:

The mission examined the latest proposal to substitute the current Corporate Profit Tax (CPT) for a Distributed Profit Tax (DPT), in Ukraine also referred to as the Exit Capital Tax (ECT). The mission did not find any new elements to change the position expressed in FAD’s previous technical report on tax policy (May 2017): the proposal is bad tax policy, detrimental for Ukraine on several fronts.

Series:

Country Report No. 19/352

Subject:

Tax assessments Tax evasion Tax exemptions Tax incentives Tax revenue