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News > Knowledge Seminar on CFC rules

Knowledge Seminar on CFC rules

22 july, 2014

Svitlana and Serhii updated Seminar participants in details on international tendencies in the sphere of anti-avoidance measures, including on improvement of existing tools and on development of relevant practices, as well as on measures taken to advance the quality of information exchange.

In particular, speakers informed attendees on anticipated amendments to OECD Model Convention with respect to application of art. 26, significantly simplifying the procedure of information exchange.

During Q&A session, participants discussed, inter alia, the prospects of implementing by Ukraine the Foreign Accounts Tax Compliance Act (FATCA), which Phase # 1 (Impact Analysis) should be completed in 2014.

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