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Estonian Prime Minister thanks Poroshenko for help in exclusion of country from offshore list

Source : 112 Ukraine

The Ukrainian government excluded Estonia, Latvia, Georgia, Malta and Hungary from the list of the risky countries on the transfer-pricing
17:34, 31 January 2018

Presidential Administration press office

Jüri Ratas, the Prime Minister of Estonia thanked Petro Poroshenko, the President of Ukraine for the personal assistance in the solution of the issue on the exclusion of Estonia from the offshore list as the press service of Poroshenko reported.

The proper phone talk took place on January 31.

In his turn, Poroshenko thanked Estonia for consistently supporting sovereignty and territorial integrity of Ukraine and assistance in countering the Russian aggression. Ratas reminded the conversation with the President of Ukraine in Davos and thanked him for personal assistance in the fast solution of the issue on the exclusion of Estonia from the offshore list.

Related: Offshore companies could win Yanukovych’s money by court action

Generally, the sides discussed the current issues of the development of the bilateral trade-economic cooperation.

As we reported the Ukrainian government excluded Estonia, Latvia, Georgia, Malta and Hungary from the list of the risky countries on the transfer-pricing.

Earlier the government supported the decision to add 22 countries, including Estonia and Latvia in the list of the offshore zones. Later Estonia urged Ukraine to remove it from this list and Latvia sent a protest note to Ukraine.

Related: Naftogaz denies that member of board of Ukrtransgaz owns offshores

The Finance Ministry of Ukraine attempted to explain the position. Oleksandr Danylyuk, the Finance Minister of Ukraine noted at the meeting with the Estonian Prime Minister that Ukraine added Estonia in the list of the countries where the tax for the income is lower than in Ukraine or where the tax for the withdrawn capital is implemented. The issue was not about the offshore list.

 

 

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