Publication date: 03.06.2024
Lawyer
What are the tax law updates in the fight against tax evasion?
Ukraine, like many other countries, faces the problem of tax evasion. This problem not only reduces revenues to the state budget, but also creates unfair competition between taxpayers. In recent years, Ukraine has adopted a number of updates to tax legislation aimed at combating tax evasion. In this article, we will look at the main changes and explain why the advice of a lawyer or advocate is important to ensure compliance with the new legal requirements.
Update of tax legislation: main changes
Introduction of BEPS (Base Erosion and Profit Shifting). Ukraine has joined the OECD action plan to combat tax base erosion and profit shifting. This plan provides for the implementation of measures aimed at preventing the use of transfer pricing to minimize tax liabilities.
Strengthening control over transfer pricing. Amendments have been made to the legislation, which oblige enterprises to provide more detailed reporting on transactions with related parties. This allows tax authorities to more effectively monitor such transactions and prevent tax evasion.
Introduction of automatic exchange of tax information. Ukraine has joined the global initiative on the automatic exchange of tax information. This allows the tax authorities to receive information about the income of Ukrainian taxpayers abroad and to prevent the use of offshore schemes for tax evasion.
Introduction of a tax on withdrawn capital. To prevent tax evasion on income transferred abroad, a tax on transferred capital was introduced. This contributes to a fairer distribution of the tax burden and increases the efficiency of the tax system.
The role of lawyers and advocates in new conditions
In the conditions of constant changes in tax legislation, timely consultation of a lawyer or an attorney becomes extremely important for entrepreneurs and citizens. Here are some reasons why you should seek professional legal help:
Analysis of documents. Lawyers will help analyze documents for compliance with new requirements of tax legislation. This will avoid legal problems and sanctions.
Legal opinion. Specialists can provide a detailed legal opinion on your situation, which will help you understand how changes in legislation affect your business and what measures should be taken to comply with the new regulations.
Consultation of a lawyer and a lawyer online. Modern technologies allow you to consult a lawyer or an attorney online, which is a convenient and fast way to get legal help, especially in conditions of quarantine or other restrictions.
Legal analysis of the situation. Lawyers will conduct a detailed legal analysis of the situation, help identify potential risks and offer effective ways to minimize them.
Why it is important not to waste time
Delay in adapting to the new tax requirements can lead to serious consequences, including legal sanctions, financial losses and loss of reputation. Consulting a lawyer or attorney will help you avoid these risks and ensure your business complies with the new legal requirements.
Conclusion
Do not delay in seeking professional legal help. Lawyers and attorneys of "Legal Marketplace Consultant" LLC are ready to provide you with the necessary legal support, legal opinion of a lawyer, consultations and other legal assistance for successful adaptation to the new requirements of tax legislation. Our specialists will provide you with the necessary support for effective business conduct and protection of your rights in the new legal conditions.
Contact us and we will help you overcome all legal challenges and ensure your success in a dynamic legal environment!
