Bloomberg: Ukraine auditing 10,000 buttons torments opposition businesses

Print version
Sept. 21, 2012, 8:25 a.m. | Business — by Bloomberg

Head of the State Tax Service of Ukraine Oleksandr Klymenko.

Yaroslav Rushchyshyn likes to call the antique clothing irons displayed at his Ukrainian factory the “backup line,” for when authorities punish him for criticizing government policies by shutting down the power.

He’s only half joking. Rushchyshyn’s Lviv-based Jsc Trottola, which makes women’s garments for such retailers as Inditex SA (ITX)’s Zara chain, has endured what he says are spot tax audits and truck inspections. It’s an example of state pressure that “kills off investment” to the former Soviet republic, delays production and erodes profits, he said.

Read more here.

The Kyiv Post is hosting comments to foster lively debate. Criticism is fine, but stick to the issues. Comments that include profanity or personal attacks will be removed from the site. If you think that a posted comment violates these standards, please flag it and alert us. We will take steps to block violators.


© 1995–2014 Public Media

Web links to Kyiv Post material are allowed provided that they contain a URL hyperlink to the material and a maximum 500-character extract of the story. Otherwise, all materials contained on this site are protected by copyright law and may not be reproduced without the prior written permission of Public Media at
All information of the Interfax-Ukraine news agency placed on this web site is designed for internal use only. Its reproduction or distribution in any form is prohibited without a written permission of Interfax-Ukraine.