Ukraine

Labour and taxation

Services now employ the largest number of Ukrainian workers, though a significant number of labourers continue to work in agriculture and manufacturing. Nearly half the women are economically active; however, employer discrimination against women has been a problem. More than half of all workers belong to trade unions, many of which are grouped into large labour federations.

The Ukrainian government levies corporate and individual income taxes. It also collects value-added tax and excise taxes. In an effort to simplify and improve a taxation system that had been criticized by international financial professionals as confusing and opaque, Ukrainian legislators unveiled a new unified tax code in December 2010. The new code, which was implemented in 2011, was designed to boost foreign investment, make revenue collection more efficient, and spark growth in targeted industries.