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Indirect tax

 

Customs & global trade
Customs duties and international trade costs directly affect companies’ profitability. Non-compliance with customs regulations and reporting may result in significant penalties and costs for the business. In this respect, effective management of global trade decisions and obligations are an important factor in a company’s global supply chain.

 

Indirect tax (VAT)
VAT alone, if not duly accounted for in a company's tax strategy, may increase the cost of operations in Ukraine. In addition, VAT can be a significant cash flow cost for businesses due to delays with VAT refunds or the necessity to pay output VAT. Frequent changes in legislation and a lack of unified interpretation of this legislation by the tax authorities make indirect taxes a complex field of legislation.

 

For further information, please contact Yevgen Zanoza, Partner by phone on +38 (044) 490 9000 or by fax +38 (044) 490 9001

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