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Taxation of transactions with cryptocurrency in Ukraine

The idea that cryptocurrency is not recognized as an official currency, and therefore the sale an...

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Changes in the tax law of Cyprus

Cyprus, like other foreign jurisdictions, periodically, makes legislative changes to the tax syst...

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Tax optimization of an enterprise: the new Tax Code of 2015

The plan of the seminar:
1. Optimization techniques that can be applied in 2015. Methods that are ...

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Taxation of building companies in 2015

Anti-crisis financial instruments and models.
Tax reform of 2015: the legal analysis of legislativ...

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The Law "On Payment Services" required payment systems to go through the authorization procedure (license renewal) at the National Bank of Ukraine.

"WayForPay had already submitted documents to the National Bank of Ukraine for license renewal four times and received formal refusals. The NBU website contains information on the relicensing of only 21 out of 147 payment systems. Despite the obstacles, WayFoPay resumed transactions with the involvement of partner services," said Gennadiy Vasyukov, CEO of WayForPay.


On April 10, 2019, the leading edition for lawyers Legal 500 EMEA published the annual ranking of law firms of the world on different branches of law: corporate, real estate, tax, and others. In the field of «Tax Law», allTax law firm was awarded with Tier 1, which is the highest award of the edition. Apart from allTax,  with the highest Tier 1 of Legal 500 EMEA were awarded the following law firms: Asters, PwC legal, EY legal, Backer McKenzie (Kyiv office), KPMG.

On October 23, 2018, by the initiative of the Ministry of Finance of Ukraine, was gathered a working group to develop a «Generalized tax advice» on the taxation of cryprocurrency. Artem Sereda, partner of allTax legal and tax advisors, participated in the meeting of the working group of the Ministry of Finance of Ukraine with the aim to develop a «Generalized tax consultation on cryptocurrency».

Artem Sereda, a partner of allTax legal and tax advisers conducted a master class "How to win a trail?" for students of the Kiev International University. As an example, in a master class five trials were considered, in which Artem Sereda participated as a lawyer:

UA Realty Group applied to allTax legal and tax advisors regarding the preparation of agency contracts for the search of a commercial real estate for purchase by customers. The goal of UA Realty Group was to increase the protection of the Real Estate Agency from further refusal of the client to pay commission to the agency.

As a result of the tax audit, a large agricultural trader was fined. Considering the actions of the State fiscal service unlawful, the agro enterprise had filed a lawsuit against to the administrative court to cancel the tax decision-notification. The agricultural trader lost the court of the first and appellate instance.