On June 18, 2019 an online master-class devoted to “Tax issues related to VAT, STS and profits tax” based on the CFO-CAFE platform took place. The event was held with support of the Association of Accountants and Financial Professionals in Business (IMA) and the Association of Chartered Certified Accountants (ACCA).
KIAP partner and head of Tax practice Andrey Zuykov acted as the main speaker and told about the lessons of the legal practice and also shared his experience discussing the real cases. The master-class program included three important parts: VAT and profits tax, during which Andrey Zuykov discussed with participants, how to avoid charges in receiving unjustified tax benefit and save reliefs and expenses; dividends – during this part the risks and possibilities of alternative ways of allocation of profit of the organization were explained; and “split” of the business – within the framework of which participants have defined the limits of legally acceptable behavior of the company during this complicated period.
Among the participants of the master-class were chief financial officers, heads of tax planning departments, corporate lawyers, tax managers, chief accountants, as well as heads of tax practices of audit, law and consulting firms.