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| Topic: |
Business
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| Number of pages / Number of words: |
4 / 1004 |
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But, in Ukraine, this is impossible, because of the absence of cadastral base of land.
The third one, value added tax (20%) is a real problem for Ukraine, which requires profound reformation. Value added tax has several drawbacks.
1) This tax creates disharmony in the economy, by increasing prices and forming expenditures...
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Value added tax has several drawbacks.
1) This tax creates disharmony in the economy, by increasing prices and forming expenditures.
2) Value added tax is an example of regressive tax, when citizens with lower income bear heavier tax burden, because they spend most of their income for goods, where surplus value tax is, usually, included: clothes, provisions, etc...
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