Review of legislation and judicial practice | Кейнас

Архив Блога

10 May / 2019


Dear colleagues and partners,
Please find attached our news review for April 2019

Key news of the issue:

- Some legal entities shall make public their financial statements by April 30.
- Transition to IFRS and income return adjustments.
- There is no need to submit the FX return after 1Q2019.
- What is a long-term contract for the purpose of finding out the date when VAT liability emerged – the opinion of the State Fiscal Service.
- In what cases the compensation of the purchased goods cost to employee is not treated as his income? – A new stance of the State Fiscal Service.
- It is not important for not accruing the indexation by how much the wages are increased.
- Exchange differences in case of the dividends – the opinion of the State Fiscal Service.
Обзор законодательства и судебной практики за апрель 2019г.

10 Feb / 2019

ОбзорЗаконодСуд
Dear colleagues and partners,
Please find attached our news review for January 2019 year.
Key news of the issue:
- Large Taxpayers Register has been updated for 2019
- National Bank of Ukraine has approved a new system for currency regulation
- What entities have to submit the Management Account
- Change in the controlled transactions
- January 1, 2019 the Directory for income features in Form- 1DFС was updated
- Income tax. In 2018 reports are to be filed using a new system
Review of legislation and judicial practice in January 2019

10 Jan / 2019


Dear colleagues and partners,
Please find below the news headlines for December 2018.
Key news of the issue:

  • Amendments to the Tax Code of Ukraine have been approved: key novelties review
  • As from February 7 the payment deadlines under the export contracts to be increased from 180 to 365 days.
  • Who and when shall make its audited financial statements public
  • Finding out the accounting dimensions of an entity: examples provided by the Finance Ministry
  • The Finance Ministry approved the IFRS financial statements taxonomy translation
  • The methodological recommendations on how to prepare the Governance Report have been published
  • The tax authorities do not “see” the exchange differences losses on liabilities to the related parties-nonresidents: unexpectedly, but rather inventively
  • Обзор законодательства и судебной практики за декабрь 2018г.
     

    10 Oct / 2018

     

    Dear colleagues and partners,

    Please find below the latest review of amendments and news in the legislative area for September 2018.

     

    The latest news of the issue:

    - As from October 5, the comprehensive checkups will be held to find out the employees hired not officially

    -  Mechanism of cooperation between the State Fiscal Service and banks intended to exchange with the information about the open account of individuals-entrepreneurs has been launched

    - State Fiscal Service explained that the dividends payout is not the controlled transaction

    -  Ministry for Social Policy of Ukraine tells how to pay for extra hours of work

    - Waybills without seal

    -  Untimely payment of compensation for unused vacation – sanctions?

     

    Обзор законодательства и судебной практики за сентябрь 2018 г

    10 Sep / 2018

    Dear colleagues and partners,
    Please find the latest review of changes and news in the laws for August 2018.
    Key news include:
    - Unified Social Tax Report for August is now in a new format
    - Child support Reports shall be filed more frequently
    - When to recognize the tax credit under the unblocked Tax Invoice
    - Absolutely every company shall have the person in charge of the labor safety
    - There is no 50-thousand limit for making payments via the payment terminal

    Огляд законодавства та судової практики за серпень 2018р.

    10 Aug / 2018

    ОбзорЗаконодСуд
    Dear colleagues and partners,
    Please find below the latest review of amendments and news related to the laws for July 2018.
    Key news of the issue:
    - It is now allowed to include pre-school and school education costs into the tax deductions
    - Amendments in the Procedure for preliminary agreeing of pricing in the controlled transactions
    - Procedure for financial statements presentation has been changed
    - What amounts shall be recorded in tax invoices when rounding up kopecks
    - Updated form of USC Report and its filling out instructions
    - Court practice – fines for the late tax invoices registration

    Review of legislation and judicial practice in July 2018

    10 Jul / 2018

    ОбзорЗаконодСуд
    Colleagues,
    we offer you a review of the legislation in June 2018.
    Key news of the edition:
    - New accounts for paying taxes become effective as from July 2, 2018
    - Amendment to Regulation no. 148 On cash operations in the national currency of Ukraine
    - Law On foreign currency and currency assets has been passed. What to expect?
    - Tax accounting for a website development and placement expenses
    - Company reorganization by way of separation: what is to do with the VAT amounts accrued?
    - Loss occurrence took place abroad: the procedure for the sick leave issue

    Review of legislation and judicial practice in June 2018

    10 Jun / 2018

    ОбзорЗаконодСуд
    Colleagues,
    we offer you a review of the legislation in May 2018.
    Key news of the edition:
    - Value-added tax return has been updated
    - Bulgaria has been excluded from the list of the low-taxes jurisdictions
    - It has been determined how to prepare the list of the risky taxpayers
    - If it is possible to correct fines and penalties amounts in the Income Tax Return
    - Specifics of allowing for the exchange differences when estimating annual income for transfer pricing purposes
    - Limitation periods for fines imposed for the breach of labor laws
    - When it is possible to avoid answering to the request from the State Fiscal Service

    Review of legislation and judicial practice in May 2018

    10 May / 2018

    ОбзорЗаконодСуд
    Colleagues,
    we offer you a review of the legislation in April 2018.
    Key news of the edition:
    - Value-added tax return has been updated
    - Bulgaria has been excluded from the list of the low-taxes jurisdictions
    - It has been determined how to prepare the list of the risky taxpayers
    - If it is possible to correct fines and penalties amounts in the Income Tax Return
    - Specifics of allowing for the exchange differences when estimating annual income for transfer pricing purposes
    - Limitation periods for fines imposed for the breach of labor laws
    - When it is possible to avoid answering to the request from the State Fiscal Service

    Review of legislation and judicial practice in April 2018

    10 Mar / 2018

    ОбзорЗаконодСуд
    Colleagues,
    we offer you a review of the legislation in February 2018.
    Key news of the edition:
    - the Law on Financial audit has been signed;
    - the Procedure for granting the right to pay VAT by installments has been approved;
    - the advance was paid 1095 days ago: let’s cut the tax credit;
    - from vacations to business trip: what about travel costs?;
    - employees performance appraisal at the expense of employer: what about personal income tax?;
    - the lack of consignment note does not mean the transaction is a sham one.
    Review of legislation and judicial practice in February 2018