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Tax Start 2026: New Rules, Risks, and Opportunities for Business

26/ 01/ 2026
  On January 23, 2026, the first online meeting of the year was held by the Financial and Tax Committee of the Southern Ukrainian Office of the European Business Association. Traditionally, this event opens the new tax year for the business community, providing an opportunity to analyze the most important legislative changes, international taxation trends, and upcoming reforms. The meeting was moderated by Vitalii Smerdov, Chair of the Financial and Tax Committee of the EBA Southern Ukrainian Office, Managing Partner at First Pro Tax, Director of the Chamber of Tax Consultants, Non-Staff Advisor to the Verkhovna Rada Committee on Finance, Tax and Customs Policy, and Deputy Director of the Kharkiv IT Cluster for GR Affairs. Among the speakers was Viktoriia Vlasenko, Attorney and Partner of the Tax Practice at First Pro Tax, who shared practical insights on tax audit preparation and appeal procedures, as well as recommendations for minimizing risks in international taxation and currency operations. During the discussion, participants covered: key outcomes of 2025 CFC reporting and the State Tax Service’s approach to data analysis; the impact of Cyprus tax reform on Ukrainian investors and ownership structures; new currency control rules, NBU liberalization measures, and dividend payment practices; expected tax policy changes in Ukraine in 2026 and business readiness for the upcoming reforms. The European Business Association sincerely thanks the speakers for their in-depth expertise and all participants for their engagement, questions, and constructive discussion.
01/

On January 23, 2026, the first online meeting of the year was held by the Financial and Tax Committee of the Southern Ukrainian Office of the European Business Association. Traditionally, this event opens the new tax year for the business community, providing an opportunity to analyze the most important legislative changes, international taxation trends, and upcoming reforms.

The meeting was moderated by Vitalii Smerdov, Chair of the Financial and Tax Committee of the EBA Southern Ukrainian Office, Managing Partner at First Pro Tax, Director of the Chamber of Tax Consultants, Non-Staff Advisor to the Verkhovna Rada Committee on Finance, Tax and Customs Policy, and Deputy Director of the Kharkiv IT Cluster for GR Affairs.

Among the speakers was Viktoriia Vlasenko, Attorney and Partner of the Tax Practice at First Pro Tax, who shared practical insights on tax audit preparation and appeal procedures, as well as recommendations for minimizing risks in international taxation and currency operations.

During the discussion, participants covered:

  • key outcomes of 2025 CFC reporting and the State Tax Service’s approach to data analysis;
  • the impact of Cyprus tax reform on Ukrainian investors and ownership structures;
  • new currency control rules, NBU liberalization measures, and dividend payment practices;
  • expected tax policy changes in Ukraine in 2026 and business readiness for the upcoming reforms.

The European Business Association sincerely thanks the speakers for their in-depth expertise and all participants for their engagement, questions, and constructive discussion.

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