Vasil Kisil & Partners Defended Rost Agro in UAH 63 mln Tax Dispute
Vasil Kisil & Partners has successfully represented Rost Agro, one of the largest seed producers and exporters in Ukraine, in a tax dispute.
In May 2017, taxation bodies imposed more than UAH 63 million of penalties on the company for alleged failure to observe the time limits of payments in foreign economic activities. The company applied to court seeking the cancellation of the penalties and claiming that they were imposed in violation of international law. Attorneys of Vasil Kisil & Partners defended the company’s position, so that, having heard the case, the court resolved to sustain in full the claims raised by Rost Agro LLC.
This case will have far-reaching consequences on the domestic business community since the problem of penalties imposed for failing to observe the time limits of settlements under foreign economic agreements is relevant to many domestic exporters.
The project team composed of managing partner Andriy Stelmashchuk, attorney at law, senior associate Tetiana Berezhna, attorney at law, and associates Viktor Hrabovskyi and Maksym Maksymov acted for the client in this case.
For more details please contact Olga Shevchenko, PR Manager
Tel.: +380 67 358 47 82
About the Firm
Established in 1992, Vasil Kisil & Partners is a Ukrainian law firm that delivers integrated legal advice in banking & finance, mergers & acquisitions, capital markets, antitrust, competition and trade, dispute resolution, tax law, energy and natural resources law, intellectual property law, labor and employment law, real estate and construction law, as well as PPP, concessions and infrastructure law. Vasil Kisil & Partners is a member and exclusively represents Ukraine in such international professional associations as TerraLex (160 law firms in 100 countries), Cathay Associates (40 high-profile law firms with over 500 headcount worldwide in 43 major cities and countries across Europe and Asia) and Ius Laboris (1700 labor and employment lawyers in 50 countries). Andriy Stelmashchuk is a managing partner of Vasil Kisil & Partners law firm.