Ukraine’s Bank Association and the State Tax Administration held consultations on pressing issues of bank taxation. The main target of two-hour meeting was to discuss existing problems and standpoints of both sides and to find ways of solution.

STA representatives were interested in bankers’ views on percentage taxation of private persons’ deposits, on compulsory clients’ account charge-off on tax agencies’ request and on access to the clients’ bank operations for the tax officials. Having addressed all issue mentioned above, the participants agreed on necessity to settle all vexed questions at the legislative level.

According to UBA President Oleksandr Suhonyako, the fiscals and bankers reached mutual “understanding regarding common goals.” The further meetings will address the methods of settlements.


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