5.10
5.10
Political party in Ukraine
5.10 is a Ukrainian political party, registered on 20 March 2014. The main idea of Hennadiy Balashov and his libertarian party is a radical reform of the taxation of Ukraine: full abolition of the current system and introduction of a single tax system – 5% sales tax and 10% payroll tax.
The main objective of the party is to tackle poverty and governmental control in Ukraine. Its leader Hennadiy Balashov states that he wants to turn Ukraine into a global tax haven, akin to Singapore and the Republic of Ireland.
In the 2014 Ukrainian parliamentary election the party failed to win seats, garnering 67,124 votes.[4] The party did not participate in the 2019 Ukrainian parliamentary election.[5]