December 7, 2016
Asters welcomes back Constantin Solyar after his secondment to Luxembourg, where he practiced international tax in a Big 4 firm. In his role as partner at Asters Constantin will focus on advising clients on a variety of international tax matt…
November 29, 2016
The round table Combating Patent Trolls in Ukraine in the Context of IP Rights Protection was held at the Ministry of Justice of Ukraine on 25 November.
Government officials, representatives of research institution…
November 28, 2016
On 23-24 November 2016 the Second Annual EEA Real Estate Forum & Project Awards took place in the Fairmont Grand Hotel Kyiv. It is the biggest event of the year for the real estate markets in the region.
The event was hosted by Ukrainian R…
Throughout the last three years an array of painful economic shortcomings has eventually become an integral part of our everyday lives. Notwithstanding the scale of the recession, Ukraine reached important milestones in state energy policy by changing its production and consumption paradigms. Reform of the energy sector is being pushed from outside by binding commitments with the EU and the European Energy Community.
Given the rise in the exchange rate in recent years, the number of taxpayers engaged in foreign economic operations, which are controlled in terms of transfer pricing, is growing steadily. Based on the information of the DFSU, about 3,000 companies submitted a report on controlled transactions for 2015. At the same time, quite a number of companies currently find themselves under inspection procedures related to establishment of facts of failure to submit reports and quite often company officials are not ready to accept information on the amount of fines established for violations of legislation in the field of transfer pricing.
Yàrîslav À. Petrov, Îlånà Ð. Sichkîvskà
Taràs V. Dumych
This article is a continuation of the study and article on a related topic first published in the August 2005 issue of the Ukrainian Journal of Business Law. A decade later, both the Ukrainian legal framework for oil and gas transit via pipelines as well as business practices and international relations in this sector have undergone considerable developments.
AVELLUM advised on cross-border intra-group transfer of UniCredit’s CEE Business
Sayenko Kharenko advised Shanghai Giant Network Technology Co.
Dentons advised Adecco Group
Sayenko Kharenko advised Oschadbank
AVELLUM advised UniCredit Group
Bank Veles makes court cancel license revocation
Metinvest wins suit against ISD metallurgical complexes
Antonov lodges protest against Ministry of Defense of RF
Court arrested trade center Gulliver over bank loans
Consumer Credit Act adopted in second reading
New rules for state registration
NBU eases some restrictions on foreign exchange market
On Mediation Draft Act
Government reform of wage system
Protecting the rights of defrauded bank depositors
Symantec consolidates with LifeLock in deal worth USD 2.3 billion
Nokia closed on purchase of Alcatel-Lucent
Broadcom takes over Brocade for USD 5.9 billion
Oracle buys cloud services developer
Facebook buys back own shares for USD 6 billion
Ukraine to join BEPS Plan in January
Ex.ua and Fs.to close
Improved mechanism for funding national film production
Germany provides Ukraine with EUR 72 million aid
EU allocates additional EUR 54 million for reforms in Ukraine
On 1 November 2016 members of the American Chamber of Commerce in Ukraine (Chamber) had the chance to meet newly-appointed U.S. Ambassador to Ukraine Marie Yovanovitch. The event was a perfect opportunity for the Ukrainian business community to welcome the Ambassador and learn more about her views and perspectives.
Tomorrow’s Lawyer, the first nationwide training program for lawyers aimed at improving the quality of legal services, effective implementation of reforms in the justice sector and shaping the legal community in Ukraine, was officially presented on 10 November.
The program will be implemented by the Ukrainian Bar Association and Bar Association for Legal Aid Providers (BALAP) supported by the Quality and Accessible Legal Aid in Ukraine (QALA) Project funded by the Government of Canada, implemented by the Canadian Bureau for International Education (CBIE) in cooperation with the Coordination Center for Legal Aid Provision.
On 24 November the UBA Committee on Tax and Customs Law organized its regular meeting, which on this occasion was dedicated to modern trends in business deoffshorization.
Ivanna Pylypyuk, managing partner of International Consulting Group, explained to the audience the meaning of “agents of influence” and how organizations like G20, OECD, FATF affect the policy, trends and standards of work. The first trend in business is deoffshorization. According to the speaker, deoffshorization is a system of actions aimed at increase attention to the payment of taxes. Describing the next trends, she mentioned transparency and control over income and expenses.
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