Archive for October 2nd, 2009

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Tax Changes For Foreigners……

October 2, 2009

Well dear readers, looks like a change in taxes for the foreigners in Ukraine are upon us.  The tax authorities are now demanding that foreigners working in Ukraine obtain a tax residence certificate in order to be taxed at 15 percent, rather than the 30 percent rate that non-residents pay. The foreign business community is split on whether or not this is a case of the authorities taking advantage of grey areas in the law to boost dwindling revenues, as tax experts expressed concern the decision could be applied retroactively.

Now of course for a man who dearly loves his Ukrainian wife none of this is an issue, as everything is bought and run in her name……….because it is much easier to do and always has been……..but I also have my own tax residency anyway, so no biggy for me!

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