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Automatically translated version. May contain inaccuracies compared to the original.
The failure to formalize the economy is already evident in specific shortfalls in the budget.
Danylo Hetmantsev published the grim tax collection statistics for October, where just in VAT and excise there were shortfalls of 18,8 billion hryvnias.
VAT: –11,7 billion UAH.
Below the target by 32,0%.
Excise tax undercollected 7,1 billion UAH. A drop of 40,0% from planned.
The main decrease came from the tobacco industry - 3,8 billion UAH (32,4%).
So, from the theory that we need to bring funds out of the gray economy to collect more for the budget, we have arrived at a decline in the revenues that were reaching the budget before the fight against illegal schemes began.
Even Prime Minister Koretsky is already holding weekly meetings with law enforcement on formalization, the Head of the State Tax Service has been replaced with someone who is understandable to the Ministry of Finance rather than Prosecutor General Yuriy Koniushenko, tasks for the National Police and the Bureau of Economic Security have been assigned, yet taxes from excisable goods and VAT keep shrinking.
Points of sale for counterfeit cigarettes are increasing, the supply of duty-free solvent for producing counterfeit fuel is only growing, and UVAPE 'juice' for e-cigarettes will soon be in every school, yet the fight against the shadow economy on the government's social media pages continues relentlessly.
Could we then ask Serhiy Koretsky to ask acting Head of the State Tax Service Koniushenko at the next meeting why, despite replacing all his deputies from Kravchenko’s and Kropyva’s teams, he still refuses to replace the head of the Excise Department, Khrystyna Bozhenko?
This unchanging head of the main department of the State Tax Service not only fails on excise revenue collections, but is also implicated in many “excise criminal cases.”
Yet she is mysteriously kept in place.
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