Gennady Balashov

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Gennady Balashov
Геннадий Балашов
Gennady Balashov.jpg
People's Deputy of Ukraine
In office
May, 1998 – April, 2002[1]
Personal details
Born (1961-02-20) February 20, 1961 (age 57)
Dnipropetrovsk, Ukraine
Nationality Ukraine
Political party 5.10
Residence Kyiv, Ukraine
Alma mater Dnipropetrovsk National University
Occupation Politician, businessman
Profession Economist

Gennady Victorovich Balashov (Ukrainian: Геннадій Вікторович Балашов, born 20 February 1961, Dnipropetrovsk, Dnipropetrovsk Oblast, USSR) is a Ukrainian businessman, blogger, politician and leader of 5.10 political party.[1][2] He is an advocate of a radical reform of Ukraine's tax system. Specifically, he is pushing for the introduction of only two taxes: 5% sales tax and 10% payroll tax.


During Euromaidan events, Balashov sided with the protesters and was actively campaigning for his ideas, calling for the introduction of 5.10 system. At the beginning of March, as the crisis in Crimea was deepening, he travelled to Simferopol, but was kidnapped by allegedly local self-defense forces.[3] Upon his release and return to Kiev, Balashov said that he was kidnapped, robbed and was being beaten for eight hours by local bandits.[4]


  1. ^ a b Балашов Геннадій Вікторович (in Ukrainian). Archived from the original on 2 November 2013. Retrieved 13 April 2014. 
  2. ^ Геннадий Балашов: "Партия "5.10". Люстрация олигархической системы". (in Russian). Kyiv. 24 March 2014. Retrieved 13 April 2014. 
  3. ^ Ведучого і політика Балашова викрали і побили в Криму. Ukrayinska Pravda (in Ukrainian). Kyiv. 5 March 2014. Retrieved 13 April 2014. 
  4. ^ "Били меня уважительно", - киевский предприниматель Балашов о своих похитителях в Крыму. (in Russian). Kyiv. 5 March 2014. Retrieved 13 April 2014.