Tax on deposit accounts should have been introduced in Ukraine long ago, former economy minister, finance expert Viktor Suslov told a press conference "Future of deposit accounts and tax on deposits in Ukraine", ForUm correspondent reports.

"We should have introduced tax on deposits long ago in Ukraine. It has long been accepted in Europe," he said.

The ex-minister reminded that Ukraine will have to introduce 5% tax on deposit accounts starting from 2015. "It is not necessary to wait until 2015. In Ukraine, there is now a whole class of rather rich people, living on income from non-taxable deposits," Suslov added.

He also noted that currently 51% of deposits are in local currency and 49% are in foreign currency


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