KIEV, Dec. 2 – Ukrainian businessmen think taxation policy and corruption in Ukraine are their biggest problems, and that the situation in this sphere has worsened this year, according to a report on competitiveness of Ukraine's regions in 2011 presented by the Foundation for Effective Governance in Kiev.

According to the survey, the importance of the role of the country's tax policy in business grew from 14% to 16% in 2011, and corruption from 10% to 15%.

The foundation's experts think that the fact that tax policy became one of the top obstacles for businesses is most likely to be connected with the coming into effect of the Tax Code of Ukraine on January 1, 2011 and the uncertainty about its further administration.