It has been a while since the world found itself some peace and rest. The COVID-19 outbreak has not only introduced to us the virus itself, but also a new era of masks, sanitizers and “home office”. Countries, as well…
On September 3rd 2020, the supreme legislative body of Ukraine (Verkhovna Rada) adopted a Draft Law № 3087-d “On the Bureau of Economic Security of Ukraine” through which it proposes the establishment a single body that will investigate economic crimes….
The controlled foreign companies (“CFC”) rules are a powerful mechanism allowing authorities to tax the foreign profits of residents. Ukrainian CFC rules were first set towards the end of 2017 as a response to OECD`s BEPS Action Plan. On May…
[print_link] On Thursday, June 25, the Cabinet of Ministers of Ukraine adopted a decree “On implementation of a pilot project of electronic residency in Ukraine”. The Minister of Digital Transformation, Fedorov Mikhail, believes this step will have a positive impact…
[print_link] Supported by the OECD, the Base Erosion and Profit Shifting (BEPS) Action Plan is spreading across the world to eliminate different tax avoidance strategies. On May 23, the supreme legislative body of Ukraine (Verkhovna Rada) adopted the so-called Anti-BEPS…
[print_link] April in Kyiv was an intense month, not only because of the globally challenging coronavirus crisis, the new land and medical reforms but also due to the new National Bank of Ukraine (NBU) regulations. The recently adopted, by 246…
[print_link] After 19 years of discussions, changes and ameliorations, on March 31st 2020, the supreme legislative body of Ukraine (Verkhovna Rada) adopted the so-called “land bill” #552-IX. The “Law on Circulation of Agricultural Lands” was signed by the President of…