News

Fines of up to 400,000 hryvnias: A new system of punishment for fish poaching has been introduced in Ukraine

Ukraine
Regulation & Compliances
Published Oct 5, 2023

Tridge summary

The Cabinet of Ministers in Ukraine has cancelled the different approaches to calculating damages for fishing rule violations. Previously, different amounts of damages were charged to entrepreneurs and individuals for the same violations, which led to corruption risks. From now on, a uniform tax will be implemented for both groups, with the amount of damage determined by the tax-free minimum income of citizens.
Disclaimer: The above summary was generated by a state-of-the-art LLM model and is intended for informational purposes only. It is recommended that readers refer to the original article for more context.

Original content

By Resolution No. 104, the Cabinet of Ministers canceled two different approaches to calculating damages for violation of fishing rules. It is about the fact that violators were divided into entrepreneurs and individuals, and different amounts of damages were charged for the same violations. This was reported by the press service of the Ministry of Agrarian Policy and Food. Read also: Real incomes of blueberry producers in Ukraine have decreased significantly In addition, corruption risks increased during the calculation of damages. For example, it was possible to manipulate the prices of aquatic biological resources for a specific region at the time of calculations. But from now on, as noted in the department, uniform taxes will appear in Ukraine for both entrepreneurs and individuals for calculating the amount of damage. Now the amount of damage will be determined according to the fee in the tax-free minimum income of citizens. As of 2023, it is 1,342 hryvnias. For example, if ...
Source: Seeds
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