Ukraine's Tax Service Faces Backlash Over Broad Financial Monitoring

Ukraine's Tax Service Under Scrutiny for Broad Monitoring of Financial Transactions KYIV, Ukraine – Ukraine's State Tax Service (STS) has intensified its monitoring of financial transactions, sparking concerns about its efficiency and potential for harassment of ordinary citizens. The STS claims the increased surveillance is necessary to combat tax evasion and the growth of the shadow economy. However, this approach has drawn criticism from various sources, including a member of parliament, who argues that the current system is overly broad and inefficient. "Instead of targeting real tax evaders, the tax service is sending out letters to everyone indiscriminately," said MP Danylo Hetmantsev, in a recent statement. "This is not effective and only discredits the system." The STS's increased surveillance includes monitoring bank applications, money transfer services, and even personal bank cards. While the agency insists it's targeting those with suspicious activity, many Ukrainians have received notices requesting explanations for seemingly insignificant transactions. The video shows examples of such notices, highlighting the concern over the scope of the monitoring. The issue has sparked a debate about the balance between effective tax collection and the protection of citizens' privacy and rights. The STS maintains that its actions are within the law and necessary to combat widespread tax evasion, but critics argue that a more targeted approach is needed to avoid unnecessary disruption and public distrust.