IT Tax Assessment Scheme for the Companies Working in Several Jurisdictions

The client asked Sokolovskyi & Partners to create the business scheme for operations of several related IT companies located in different jurisdictions. Vladyslav Sokolovskyi analysed the existing business of the clients and proposed the new scheme, including without limitation establishment of legal entities in respective jurisdictions. The new scheme considered the amendments to the tax law in the countries of residence of the above-mentioned companies, the international tax law (BEPS) and the law of Ukraine, including transfer one.

 It resulted in enhanced flow of funds and other assets in the client’s structure, with minimum expenses for taxes in accordance with the effective laws of the above-mentioned jurisdictions. The annual economic effect of this scheme is at least 10% of the client’s turnover.

Lawyers
Наталья Куриленко
Senior Counsel. Auditor. Attorney at law
Владислав Соколовский
Managing Partner. Attorney at law
Practice