On May 22, the Law No. 466-IX of January 16, 2020, “On Amendments to the Tax Code of Ukraine regarding the improvement of tax administration, elimination of technical and logical inconsistencies in tax legislation” was formally published.
The Law provides for a number of changes aimed at improving and simplifying the system tax administration, its harmonization with international standards.It also aims to introduce international tax control standards for all participants in international trade and to implement the provisions of the Plan for Combating Tax Blurring and Profit Deduction Practices (BEPS Action Plan) and to ensure the necessary conditions for the reform of the State Tax Service. On June 16, 2020, В. Velichko – Independent practicing economic consultant, specialist in financial and tax planning _- considered Tax changes, which arose, at the online conference “Tax Explosion”. I. Plikus, Associate Professor of the Department of Finance and Entrepreneurship, attended the conference and going to put the gained knowledge into practice in her class.
