Taxes and taxation

Taxation is one of the most important factors in the activities of business entities and citizens. Already before starting any activity, you should know what taxes, in what amounts you have to pay, how to properly keep tax records, etc. In this case, tax consulting is directly related to the financial strategy of any enterprise.

It can be very difficult to understand taxation issues on your own, this is due to the inconsistency of tax legislation, ambiguous interpretations of tax rules by tax authorities, and complex rules for maintaining tax records. In addition, on December 2, 2010, a new Tax Code of Ukraine came into force, the norms of which differ to a large extent from those that regulated tax relations under the Law of Ukraine “On Taxation of Enterprise Income” and the Law of Ukraine “On Tax on Personal Income”.

The transitional period of tax legislation is also characterized by the preservation of the partial effect of old laws and their joint application with the new Tax Code of Ukraine. Sometimes even experienced tax experts need a lot of time to deal with one issue.

Our lawyers will provide you with tax advice, which will allow you to reduce risks, unnecessary expenses of the enterprise in the form of tax deductions, and effectively and safely manage cash.

Our lawyers, in particular:

  • provide oral and written advice on all types of taxes / fees / mandatory payments
  • prepare and submit tax returns on income and property of individuals
  • represent the interests of the client in relations with the tax authorities
  • provide support in litigation in disputes with tax authorities
  • assist in obtaining individual tax clarifications

Ignorance in the tax legislation can lead to inaccurate or untimely actions of the taxpayer, resulting in fines, sanctions, arrest of current accounts and other troubles.

Separately, we note that it is possible to confirm the correctness of understanding one or another provision of the Tax Code of Ukraine and the correctness of its application by obtaining a tax consultation.

Unlike the old regulation, tax advice is of an exclusively individual nature, can only be used by the person to whom it is provided, and excludes the liability of this person or the additional assessment of tax liabilities by the tax authority if the instructions set out in the tax advice are followed.

Individual tax advice has become not only a right for clarification, but also, to some extent, a guarantee that can be invoked in court in the event of a tax dispute.

Tax advice can be appealed by the taxpayer to the court as a legal act of an individual action, and the recognition by the court of a tax advice as invalid is the basis for providing a new tax advice, taking into account the conclusions of the court.

Our lawyers will help you prepare the request and get individual tax advice.

If you are engaged in activities that are subject to taxation, you must constantly monitor tax laws. Let us give an example, the new Tax Code of Ukraine included a provision according to which the list of services that are not subject to VAT was significantly expanded and many entrepreneurs have already managed to switch to the new taxation system. A few months later, a new law was adopted, returning the VAT taxation of those types of services that were previously exempt from VAT. If the entrepreneur did not keep track of the changes and did not pay the tax on time or did not file a tax return, fines may be applied to him, since ignorance of the laws does not exempt from liability for non-compliance with it. There are many other examples, and all of them speak only of the need for a professional approach to taxation in order to avoid fines and those unpleasant situations that may arise in this regard.

Our lawyers will provide you with such professional assistance, advise on all tax issues at any stage of your business, prepare tax returns, and, if necessary, receive individual tax advice.

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