Ukraine’s President Wants Pension Tax for Electronic Exchange

Ukrainian President Viktor Yanukovych wants parliament to vote on a tax on electronic purchases of foreign currency by companies to raise money for the pension system.

Yanukovych wants Mykola Azarov’s government to prepare a bill on the tax for the legislature by April, according to a March 12 presidential decree published on his official website late yesterday.

To contact the reporters on this story: Kateryna Choursina in Kiev at kchoursina@bloomberg.net; Daryna Krasnolutska in Kiev at dkrasnolutsk@bloomberg.net

To contact the editor responsible for this story: James M. Gomez at jagomez@bloomberg.net

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