Ukraine: Daily Briefing – November 21, 2017, 6 PM Kyiv time

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Ukraine: Daily Briefing
November 21, 2017, 6 PM Kyiv time
 
1. Russian Invasion of Ukraine
The General Staff of Ukraine’s Armed Forces reported at 12:30 PM Kyiv time that in the last 24 hours, one Ukrainian soldier was killed in action. In the last 24 hours, Russian-terrorist forces opened fire on Ukrainian positions 17 times in total on the Luhansk, Donetsk and Mariupol sectors of the front.
2. Ukraine marks Day of Dignity and Freedom
Memorial to the Heroes of the Heavenly Hundred. Photo – Presidential Administration of Ukraine


Today, Ukraine marks the Day of Dignity and Freedom, the anniversary of the beginning of the Euromaidan demonstrations that began on November 21, 2013. Ukraine’s President Petro Poroshenko, First Lady of Ukraine Maryna Poroshenko, Prime Minister Volodymyr Groysman, and Speaker of Ukraine’s Parliament placed flowers and lit candles at the monument to the Heavenly Hundred (Небесна Сотня), demonstrators who were killed by the Yanukovych regime security forces during the Revolution of Dignity.
Ukraine’s President Petro Poroshenko; First Lady Maryna Poroshenko; Prime Minister Volodymyr Groysman; Parliamentary Speaker Andriy Parubiy at the Memorial for the Heroes of the Heavenly Hundred
3. EU adds the “Governor of Sevastopol” to its sanctions list over actions against Ukraine’s territorial integrity
The Council of the European Union stated, “On 21 November 2017, the Council added Dmitry Vladimirovich Ovsyannikov, ‘Governor of Sevastopol,’ to the list of those submitted to restrictive measures over actions undermining or threatening the territorial integrity, sovereignty and independence of Ukraine.  The measures consist of asset freezes and travel bans.
          The measures were last prolonged on 14 September 2017 and are in place until15 March 2018. The restrictive measures now apply to 150 persons and 38 entities.
          The relevant information and statement of reasons for the listing of Dmitry Vladimirovich Ovsyannikov is available in the legal acts published in the EU Official Journal of 21 November 2017.
Other EU measures in place in response to the Ukraine crisis include:
  • economic sanctions targeting specific sectors of the Russian economy, currently in place until 31 January 2018;
  • restrictive measures in response to the illegal annexation of Crimea and Sevastopol, limited to the territory of Crimea and Sevastopol, currently in place until 23 June 2018.”
4. Ukraine climbs significantly in taxation rating over last year
PwC Ukraine stated, “On November 21, 2017, PwC Ukraine held a press briefing on results of the joint study by PwC and the World Bank Group ‘Paying Taxes 2018.’ This annual survey assesses the ease of paying taxes in 190 countries across the globe.
          Every year since 2004, PwC Ukraine has been participating on a pro-bono basis in the conduct of the study as well as developing a package of proposals for the Ministry of Finance of Ukraine aimed at improving the tax policy.
          Ukraine has made significant progress, having risen in the rating from the end of the list of participating countries in 2012 to 43rd position according to the 2016 results. In comparison to the previous year, Ukraine has made good progress up the list – it almost doubled its position by picking up another 41 percentage points.”
           Slava Vlasov, partner at PwC Ukraine, stated, “Ukraine is the only EU and Central Asian country that significantly reduced the tax rates in 2016. In particular, the cut in the Unified Social Contribution rate has led to reduction of the tax burden on business.
            Compared to other countries, Ukraine has relatively simple procedures for adjusting tax returns and filing for VAT refund based on non-export activity. In 2016, the business became more accustomed to the convergence of tax and accounting rules and kept up with the practice of electronic filing of tax reports.”

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