Taxes

As the world becomes increasingly globalized and cross-border activities become the norm, tax administrations need to work together to ensure that taxpayers pay the right amount of tax to the right jurisdiction. Since 2015 the implementation of the OECD/G20 BEPS project has become a mainstream in both advanced and developing countries as it equips them with the necessary legal, administrative and IT toolkits for counteracting tax avoidance and shifting profits to low or no-tax jurisdictions. Over 115 countries have already joined the Inclusive Framework on BEPS. The enhanced co-operation between tax authorities is crucial in bringing national tax administration in line with the globalized economy.

The implementation of the BEPS project in Ukraine is a top prerequisite for easing of capital controls and allowing the free flow of capital according to the Association Agreement between the European Union and Ukraine and is one of seven priorities of the NBU’s medium-term strategy. The implementation of the tax transparency standards and close cooperation between tax authorities in a cross-border context will allow addressing possible abuses.

Goal: BEPS.in.UA Forum showed the best world practices on how to tackle BEPS and ensure long-term tax compliance. It is also helped hearing the voice of business and banks about recent trends in the international environment and the prospects of unifying approaches to regulating international transactions and ensuring their transparency.

Target audience: International business, banks, representatives of Ukrainian state authorities (MoF, SFS), international organizations (OECD, WB, IMF), members of Parliament.