In Focus (#03 March 2015)

Smart Solutions

The design of the tax system and its cross-border implications are questions of ever increasing concern for business and business decision-makers. No wonder, each time the very latest tax reform in Ukraine challenges the issue of corporate tax avoidance on the political agenda. The unfriendly investment climate ensures our country is considered as a tax regime that facilitates tax avoidance. While facing continuous tax pressure domestically, thorough multijurisdictional corporate structuring by major business groups is primarily the smart solution. In this sense lawyers in countries with difficult legal environments give a lucky ticket for big advice.

Ukrainian realities evidently show that international tax planning strategies are getting more aggressive with fiscal pressure from inside. From the pragmatic view point, something like “UkrLeaks” is unreal. An amicable settlement with business is the ratio for the long-term perspective. And basically every field where business is done can benefit from this very simple concept.

This turbulent Ukrainian spring begins with the international tax issue, views on transactional prospects and a portion of constructive thoughts in the area of banking and finance.

 

 

 

Happy reading,

Olga Usenko

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