Author/Editor:

International Monetary Fund. Fiscal Affairs Dept.

Publication Date:

November 25, 2019

Electronic Access:

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Summary:

The mission examined the latest proposal to substitute the current Corporate Profit Tax (CPT) for a Distributed Profit Tax (DPT), in Ukraine also referred to as the Exit Capital Tax (ECT). The mission did not find any new elements to change the position expressed in FAD’s previous technical report on tax policy (May 2017): the proposal is bad tax policy, detrimental for Ukraine on several fronts.

Series:

Country Report No. 19/352