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You're reading: A taxing, troubling situation in Ukraine

Paying Taxes 2012, the annual study from PricewaterhouseCoopers, the World Bank and the International Finance Corporation, was released a few weeks ago. The study “measures the ease of paying taxes across 183 economies worldwide, covering both the cost of taxes and the administrative burden of tax compliance.”

It contains grim news for Ukraine.

The study ranks countries along four measures: ease of paying taxes, the number of tax payments, the time to comply, and the total tax rate (which measures the “amount of taxes and mandatory contributions borne by the business in the second year of operation, expressed as a share of commercial profit”).

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