Offshore list of Kiev plunged Tallinn into shock

26 January 2018, 15:55 | Policy
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A big pig was laid by the Nezalezhnaya to the Baltic republics. Since January 1, 2018 g. Latvia and Estonia are included in the list of countries whose financial transactions are suspected by the Ukrainian authorities, and therefore subject to control under the law on transfer pricing. In total, 13 states were included in the list of offshore zones, but somebody, and Tallinn and Riga - his faithful allies in the anti-Russian struggle, did not expect such meanness. Especially since the case was shaken up quietly, without warnings. Tacit admonitions did not help. The furious Tallinn eventually made a scandal on the public. On Thursday, January 25, on the official website of the Estonian government there was a message that the country's Prime Minister Juri Ratas called his Ukrainian counterpart Vladimir Groisman and demanded that Estonia be deleted from the list of offshore companies. "No other country views Estonia as an offshore company. Our tax policy complies with all international requirements and standards, including the legislation of Ukraine, "- said Ratas, recalling that between Tallinn and Kiev there is an agreement on the exchange of tax and financial information. "The definition of Estonia as a tax haven is an annoying mistake, which should be immediately corrected. The current situation leads to daily losses of Estonian enterprises operating in Ukraine. This is an unacceptable situation, "- indignant Ratas. Indeed, the situation has brought down the business of many entrepreneurs in Estonia and Latvia, cooperating with Nezalezhnaya, as well as Ukrainian entrepreneurs who have established contacts with the Balts.

Now they have to pay an increased tax on turnover and income tax. "There is an absurd situation: when I bring goods to Ukraine for a million euros, then there and then must pay 300 thousand income tax. This makes trade impossible, "Max Consulting cites the words of Andres Loomi, a businessman who exports furniture to Ukraine. Groysman, by the way, promised the Estonian prime minister to think about how to improve the situation. Meanwhile, entrepreneurs suffer losses.




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