fiscal policy

Hetmantsev: Tax dodging firms no longer fear the state

Ukraine’s shadow economy has stopped hiding from the state and openly shows other businesses that tax evasion can be a profitable model, Danylo Hetmantsev, chair of the parliamentary Finance Committee, said on June 10.

10 June, 10:54 PM

Financial oversight body warns against hiking bank tax

Ukraine’s interagency Financial Stability Council concluded that raising the corporate profit tax for banks to 50 percent in 2026 poses significant risks to the financial system and key economic sectors, and could yield far smaller revenues than projected.

5 November 2025, 10:37 PM

Gambling tax revenues increase 125 times since 2021

From January to May 2025, Ukraine’s gambling sector paid $224.25 million in taxes to the state budget — up by $40.75 million or 22.3% compared to the same period last year, Danylo Hetmantsev, Head of Parliamentary Finance Committee, wrote on June 12.

13 June 2025, 10:39 AM

Ukraine begins taxing OnlyFans models, raising millions in fiscal revenue

Ukrainian OnlyFans models submitted nearly 800 income declarations as of June 1, reporting UAH362.8 million ($8.7 million) in foreign income, Ukraine’s State Tax Service said on June 10.

11 June 2025, 02:10 AM

$3.3 billion in Ukraine aid unlocked after Germany repeals constitutional fiscal brake

Friedrich Merz, likely to be Germany’s next Chancellor, said that Berlin might approve EUR3 billion ($3.3 billion) in additional assistance to Ukraine by March 21, German news agency DPA reported on March 18.

18 March 2025, 09:54 PM

Scholz urges Trump administration to reaffirm US-EU support for Ukraine

The administration of former U.S. President Donald Trump must make it clear to Russian dictator Vladimir Putin that Europe and the United States will continue to support Ukraine, German Chancellor Olaf Scholz said in an interview with Bloomberg, published on Feb. 15.

16 February 2025, 03:19 PM

National bank cuts 2025 growth forecast amid rising inflation

The National Bank has downgraded its economic growth forecast for 2025 to 3.6% from the previously expected 4.3%, according to its updated macroeconomic forecast released on Jan. 23.

23 January 2025, 05:35 PM

fiscal policy