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During the 30 years of independence, two separate sectors of the economy have been created in which assets controlled by Ukrainian residents are not taxed. According to world experts, the offshore and shadow sectors of Ukraine’s economy are one of the largest in the world. They are a direct consequence of the influence of a complex of factors, the main of which are the failures of reforms, corruption, lack of trust in state institutions!

Read more in the study of the Growford Institute “Wealth Taxation in Ukraine: A Test of Solidarity.”