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Media: Ukrainian exporters keep foreign currency revenue in offshore companies
Ukrainian business owners minimize their tax base by registering offshore companies and by keeping their foreign currency revenue in the accounts of companies registered in countries with a low tax load. According to the National Bank of Ukraine (NBU), more than a third of all foreign direct investments (FDIs) coming into Ukraine since the end of 2017 have come from countries with a low tax load. Furthermore, nearly 100% of direct investments from Ukraine have also been sent into low-tax …
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Russia concerned over Japanese bill on Kuril Islands
Russian lawmakers are trying to negotiate with Japan to prevent a series of legislative actions, which would disrupt an easing of relations, reported the chair of the Federation Council’s Foreign Affairs Committee Konstantin Kosachev, according to RIA Novosti.
“We will definitely be continuing to discuss this matter, so that if possible certain legislative measures will not be allowed to pass, measures which would disrupt both countries’ efforts to move forward on the resolution of certain …
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Scientist arrested in Russia over hypersonic weapons information leak
Roskosmos (Russia’s state space agency) has confirmed the arrest of Viktor Kudryavtsev, a scientist from the Central Research Institute for Machine Building (TsNIIMash), Russian media reported on Sunday, July 22.
“He is currently being investigated,” Roskosmos spokesman Vladimir Ustimenko told Russian news agency TASS. He did not provide any further details.
News came out earlier that 74 year-old Viktor Kudryavtsev, a scientist from TsNIIMash, had been sent to the Lefortovo pre-trial …
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Poroshenko signs a bill allowing Netherlands to prosecute in Ukraine those responsible for MH17 air disaster
Ukrainian President Petro Poroshenko has signed a bill ratifying an agreement with the Netherlands regarding their international judicial cooperation. This decision will allow the Dutch to carry out a legal process concerning the crash of the Boeing 777 Malaysia Airlines flight MH17 in Donbass in 2014, the president’s press office announced.
President Petro Poroshenko has signed bills “which ratify an agreement between Ukraine and the Kingdom of the Netherlands for international judicial …
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Israel’s warplanes strike Syrian weapons factory
The Israeli Air Force struck a military target near the city of Masyaf, Hama province, reported the Syrian state agency SANA with reference to a military source.
According to other Syrian sources, the target of the air strike was the Center for Scientific Research near Masyaf that has been transformed since the summer of 2015 into the development center for Fateh-110 ballistic missiles of the Iranian Revolutionary Guard.
There are reportedly a number of dead and wounded in the ranks of the …