Thursday, 18 November 2010

Tax doesn’t need to be taxing, or life threatening come to that

Ranked third worst in the world by the World Bank, Ukraine obviously has some serious issues over taxes.

Here’s one example, allegedly.

Tax authorities have recently been ordered to inspect all small to medium sized businesses and “find” tax discrepancies to the tune of 50,000UAH (4K GBP) per business or risk losing their jobs.