EBA Tax-Financial Committee in Kharkiv
Dmytro Mikhailenko, Managing Partner of Crowe LF Ukraine, was chosen to be the Head of the Tax-Financial Committee of EBA Kharkiv for 2020. On the first meeting of the Committee, on February 2020, the participants discussed the amendments to the 1210 Law.
The attendees were introduced to the risks and new requirements for business caused by the implementation of the new regulations for Controlled Foreign Corporation and Constructive Dividend, Transfer Pricing, Taxation of the Permanent Representations, Thin Capitalization, etc.
Businessmen however supported the amendments creating incentives for business development. They also expressed their suggestions concerning accelerating implementation of the “gadget” utilization at the points of sale to replace the cash register, changes in the flat tax regime, land tax arrears on property in the Crimea, etc.
Many thanks to the speaker for the clarification of the amendments to the 1210 Law!