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    New Tax Agreement with Cyprus

    09 11 2012

    (The text of the artivcle is available in Russian only) В четверг, 8 ноября, в рамках официального визита Президента Украины в Республику Кипр состоялась церемония подписания ряда двухсторонних документов. В присутствии глав двух стран, Кабинет Министров Украины и правительство Кипра, в частности, подписали Конвенцию об избежании двойного налогообложения и предотвращении уклонений от уплаты налогов на доходы («Конвенция»).

    New Law of Ukraine on Public Employment

    04 10 2012

    On July 5, 2012 the Verkhovna Rada of Ukraine approves in the xecond reading the governmental bill "On Public Employment" under registered number 10497-1 (the "bill)). It was signed by the Ukrainian Presidenton the same day.

    STSU’s fiscal position with regard to reporting of negative financial result under operations with securities

    30 08 2012

    As you know, the Act of 24.05.2012, #4834-VI made some changes to the Tax Code of Ukraine, which determined the order of claiming tax losses. According to these changes during the 2012-2015 period, taxpayers with income of more than 1 million hryvnia in 2011 will be entitled each year to take into account not more than 25% of the negative value of the object of taxation (tax loss) income tax, accumulated by January 1, 2012.

    Personal Data Protection: Legislative Changes (June 2012)

    08 06 2012

    Please note that since July 1, 2012 administrative liability (fines) and enhanced criminal liability (fines, arrest or imprisonment) for violation of privacy legislation will be introduced by Law of Ukraine No. 3454-VI.