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Doing Business in the Ukraine – White Paper October 2010

Ukraine

Doing Business in Ukraine - White Paper October 2010

Guide to Tax Audit and Appeal Process
Taxand Ukraine summarises the key elements of tax audit and the appeal process that company's management need to know when they face tax dispute such as rules, administration, assessments and risk management.

Taxand's Take

Normally, a taxpayer is informed in advance of a pending audit therefore has time for preparatory work. It is advisable for companies to review their tax positions prior to their audit to identify areas of exposure and take corrective measures as voluntary disclosure prior to the audit helps to avoid severe fines. Companies should carefully control their audit process through means of a competent representative who is able to handle information requests and concerns that authorities may raise. A timely and qualitative response to tax inspectors' queries reduces the likelihood of a dispute.

Your Taxand contact for further queries is: 
Vladimir Didenko
T. +380 44 492 8282
E. vdidenko@magisters.com

Taxand's Take Author