Poroshenko: A Tax-Dodger?

‘The Vienna-based companies owned by Ukrainian President Petro Poroshenko and their affiliated firms around the world earn him millions of euros, none of which finds its way into the state coffers, a Russian internet portal reported.

A Ukrainian blogger looking into publically disclosed financial documents about President Petro Poroshenko’s Roshen candy factory in the city of Lipetsk Russia has calculated that the president’s company paid nearly 100 million rubles (the equivalent to about $1.75 million US today ) in taxes into the Russian budget in 2014.

In August President Poroshenko signed a law obliging state servants to declare their property and income.
Andrei Portnov, who heads the Institute of Legal Reforms in Moscow, started his own investigation and found out that two Austrian companies, J B Park GMbH and Bogdan Holding GmbH, have one director, one address and, via a network of offshore firms, control the bulk of the confectionery, auto and agricultural assets owned by the Ukrainian president.’

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