August 07, 2014

06/08/2014 Daily Highlights by “Digests & Analytics Ukraine” News Agency

Ukraine
  • The Government of Ukraine has developed a package of tax laws, on the basis of which is the budget been drawn up in 2015, the year for which laws must be adopted by the Verkhovna Rada. Service, in particular, for reducing the number of taxes from 22 to 9, structure change of the excise tax, by the insertion of the luxury tax, environmental fee and the target bonus to the tariff for electricity, a substantial redistribution of tax revenues to local budgets (real estate tax, a flat tax and a large part of the tax on income of individuals), the creation of a single body of financial investigations instead of the tax police and other investigating authorities in the field of economics. Among the main innovations planned - the unification of accounting and taxation, and a sharp decline in tax and payroll companies with the introduction of a progressive income tax scale. Tax on land and property on it is planned to combine. Major agricultural associations must be translated into a common system of taxation. The government forecasts the adoption of the proposed law in September after consultation with representatives of the business.

August 04, 2014

28.07-03.08.2014 Weekly Highlights by “Digests & Analytics Ukraine” News Agency

Ukraine

  • Russian army continues shelling Ukrainian Armed Forces from its territory, using multiple rocket launchers and artillery. Aircraft and helicopters of Russian Air Forces routinely violate Ukrainian airspace, but are not shot down so far. Columns of armored vehicles, artillery, multiple rocket launchers, ammunition trucks and mercenaries, penetrate from Russia to Ukraine through the part of land borders, controlled by terrorists of LPR.
  • Terrorists are shelling residential areas of Donetsk, Luhansk, Avdiivka, Shakhtarsk and Terez with multiple rocket launchers "Grad" and artillery, civilian casualties are reported.
  • Mayor of Stakhanov, "information minister" of DPR Bloha and Mayor of Popasnaya have been arrested for collaboration with terrorists.
  • Ukrainian troops with a rapid maneuver split the group of terrorists in Debalcevo, captured the strategic heights Saur-Mohyla, are fighting for Torez, Snizhne, Shakhtersk, Pervomais'k, Luhansk, Donetsk stripped from militants are Ilovajsk, Avdiyivka, Debalcevo.