Business news from Ukraine

Business news from Ukraine

US DEPARTMENT OF TREASURY EXTENDS DEADLINE FOR SUBMITTING FATCA REPORTS UNTIL DEC 31

The U.S. Department of the Treasury has extended the deadline for providing information on accounts under an agreement between Ukraine and the United States to apply the Foreign Account Tax Compliance Act (FATCA) until December 31, 2020.
According to an official letter of the Ministry of Finance of Ukraine, the extension is linked to the COVID-19 spread.
As reported, at the end of August, the National Securities and Stock Market Commission approved a list of financial agents in line with FATCA requirements.

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ABC NEWS REPORTS ON NEW WHISTLEBLOWER IN TELEPHONE CONVERSATION BETWEEN TRUMP AND UKRAINIAN PRESIDENT

Another informant spoke with head of the intelligence community’s internal watchdog office Michael Atkinson as part of a scandal over a telephone conversation between U.S. President Donald Trump and his Ukrainian counterpart Volodymyr Zelensky, ABC News reported.
According to lawyer Mark Zaid, who represents the interests of this person, he has more specific data regarding the conversation between the presidents of the United States and Ukraine.
He turned to Atkinson to declare his intention to share this information. It is assumed that the data of this person confirm the information about the conversation previously transmitted by the first whistleblower, American media noted.
According to the report, the new informant is an employee of one of the U.S. intelligence services. Zaid noted that this person has not yet had direct contact with congressmen. Zaid also represents the interests of the first whistleblower in this case.
ABC News notes that, according to the first whistleblower, several officials of the U.S. administration have data on the telephone conversation between Trump and Zelensky.
The White House previously published a transcript of Trump’s conversation with Zelensky. The document follows that the American president in the conversation really told about the affairs of former U.S. Vice President Joe Biden and his son Hunter in Ukraine. However, based on the published document, it is impossible to draw an unambiguous conclusion about the pressure on Zelensky during the conversation. The president of Ukraine said earlier that Trump did not exert pressure on him.

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UKRAINE REPORTS DECREASE IN CASES OF MEASLES

Some 2,524 people fell ill with measles in the 9th week of 2019, they include 1,230 adults and 1,312 children, according to the Center for Public Health under the Health Ministry of Ukraine, the ministry’s press service said. A 25-day-old baby died from measles in Khmelnytsky region during the reporting week, it said.
In total, the ministry said, 10 people, including three children, have already died of this disease this year. Since the outbreak of measles, 31 people have died of this disease.
“Between December 28, 2018 and March 1, 2019, some 26,544 people fell ill with measles in Ukraine: 11,797 adults and 14,747 children. The highest outbreak rates were in Lviv (4,021 people in total: 1,335 adults and 2,686 children), Vinnytsia (2,339: 1,014 adults and 1,325 children), Rivne (2,299: 808 adults and 1,491 children), Khmelnytsky (2,007: 1,073 adults and 934 children) regions, and the city of Kyiv (2,310 people: 1,293 adults and 1,017 children),” the ministry said.

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UKRAINIAN STATE FISCAL SERVICE REPORTS ABOUT GROWTH IN CUSTOMS VIOLATIONS

The State Fiscal Service of Ukraine has reported about growth in customs violations by 51% in 2018 compared with 2017, to 48,900 cases of violation of customs rules for the amount of UAH 3.4 billion. The authority reported that the value of goods involved in rules violation cases doubled. In 5,400 cases of violation of customs rules the State Fiscal Service seized goods for UAH 914 million.
“The most common cases are the illegal movement of industrial goods across the customs border. During this period, goods worth UAH 568.6 million were seized for committing violations,” the authority said.
Including customs seized vehicles for UAH 149.9 million, food products for UAH 119.3 million and currency for UAH 76 million.
“According to the results of international cooperation in 2018, more than 712 cases of violation of customs regulations were initiated for the amount of UAH 686.5 million. In addition, during the international cooperation, non-payment of more than UAH 21.2 million of obligatory customs payments was established,” the fiscal service said.
The territorial divisions of the State Fiscal Service, based on the responses received, initiated 29 criminal proceedings, the authority said.

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