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Managing Partner of “Dynasty” AF Denys Myrgorodskiy moderated the panel discussion at the 5th International Tax Forum on the topic: “Tax on the withdrawn capital: pro et contra”.
The discussion was attended by 8 leading experts in the field of taxation, including representatives of authority and business, as well as legal advisers. As expected, one of the most relevant tax topics for discussion was a constructive discussion on estimating the amount of state budget losses due to the implementation of proposed changes, the experience of applying such taxation systems in Estonia, Latvia and Georgia, as well as fears of potential disputes on tax issues.
The cautious and skeptical position of representatives of large international business attracted attention. According to the participants of the discussion, it can be justified by the factor of the possible loss of the competitive advantage of transnational holding companies over the national business due to the introduction of a tax on the withdrawn capital in Ukraine followed by monetary liberalization.
In more detail, you can peruse — on a web site of the newspaper “Legal practice”: http://pravo.ua/news.php?id=0654414