Sourse: Ukrainian Law Firms 2020: a handbook for foreign
clients
Changes in the legislative field that Ukraine introduced in 2020
impress even experienced tax consultants. They affect not only
taxation, but also financial monitoring; will force the
beneficiaries of medium and large businesses to review their
corporate and tax structures, as well as make adjustments to their
personal financial plans. The tax vector chosen by the state is
unambiguous – large-scale implementation of BEPS, the
struggle against offshore companies, control of the income of
business beneficiaries and transparency of tax structures.
Over the past 10 years of existence of the Tax Code, this
document has survived 126 editions. The 2020 edition is fully
devoted to the integration of the BEPS (BEPS Erosion and Profit
Shifting) plan into Ukrainian legislation.
