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KIAP successfully defended the interests of the European industrial holding in a court dispute with the tax authority

KIAP successfully defended the interests of the European industrial holding in a court dispute with the tax authority
Date: 10.09.2024

KIAP lawyers won the court dispute on the results of the on-site tax audit of the international industrial holding.

One of the contested claims was the important issue of the application of preferential rates of income tax of the special economic zone to income from accompanying types of activity not directly related to the main one. Thus, KIAP lawyers managed to prove that percentage on deposits, income in the form of exchange differences and from the sale of by-products of production could be subject to tax at reduced rates.

This conclusion is general and may be applied in other cases.

The interests of the Principal on the project were represented by KIAP partner Andrey Zuykov.