Tax Legislation Developments and Trends in EU

IFA Ukraine Knowledge Sharing
Seminars on International
Tax Legislation
and Trends in EU
December 16, 2014
Kyiv, Ukraine
Hosting Branch
IFA Ukraine
Central IFA
IFA Ukraine is the Ukrainian branch
of the International Fiscal Association
(IFA). IFA Ukraine is a non-profit
organization established in Ukraine
in 2007. IFA Ukraine was officially
recognized by IFA at the 61st IFA
Kyoto Congress during September
International Fiscal Association
(IFA), Netherlands, is the only
non-governmental and non-sectoral
international organization dealing
with fiscal matters over the globe.
IFA Ukraine is the only organization
in Ukraine dealing exclusively with
international tax matters.
IFA Ukraine has grown in a short time
to over 50 members.
IFA brings together more than
12,000 practitioners, tax officials
and academics from 111 member
countries, involved in and concerned
with taxation of international
transactions and comparative study
of tax laws.
Based in Rotterdam, IFA, since its
foundation in 1938, has provided,
in conjunction with the activities
of each country branch, a blend
of comprehensive research of
international taxation and the
development of programs and
initiatives of current practical
Dear Colleagues!
Following IFAs world activities, IFA Ukraine provides a unique and neutral platform for
representatives of all sectors: business, consulting, governments, the judiciary and universities to
meet and discuss topical issues of international taxation at the following four seminars:
• Beneficial Ownership and Information Exchange Practice in Ukraine and Abroad
(conducted on September 30th, 2014);
• Anti-offshore Measures in Ukraine and Abroad: Policy Developments and Practical Insights
(conducted on October 28th, 2014);
• EU-Ukraine Association Agreement and Its Tax Implications for Ukrainian Businesses
(conducted on November 25th, 2014);
• Tax Legislation Developments and Trends in EU (December 16th, 2014).
The fourth seminar is designed to guide Ukrainian tax lawyers and businesses on the latest tax
developments and tendencies in key EU jurisdictions that are most attractive for Ukrainian
business in terms of establishing holding and trading companies, i.e. Switzerland, Luxembourg,
the Netherlands and Cyprus.
Keynote speakers from IFA Branches in these selected jurisdictions will provide first-hand
information on structuring under the current regimes, as well as will highlight new opportunities
and possible challenges from the shareholders’ and potential investors’ perspective.
A special focus will be made on general EU trends that are affecting national regimes and shape
the policy agenda at supranational level.
We look forward to welcoming you at our event.
Olena Voznyuk
IFA Ukraine President
Busenhart, Martin
Musienko, Svitlana
Vitko, Anna
Vakhitov, Roustam
Partner, Walder Wyss
Partner and Head of Tax,
DLA Piper
Tax Consultant, KPMG
International Tax Associates B.V.
Martin Busenhart is a Tax Partner at Walder Wyss, one of the
leading Swiss commercial law firms. He advises on national
and international tax matters and is specialized in domestic
and international structuring of capital market transactions,
acquisitions and divestments and tax-optimized structuring
for relocations of entrepreneurs, partnerships and corporate
Martin Busenhart was educated at Zurich University (lic.
iur. 1988) and graduated as Certified Tax Expert in 1994.
He has working experience as tax expert and tax partner
with an international advisory firm in Zurich and London.
Martin Busenhart speaks German, English and French. He is
a member of IFA Switzerland.
Svitlana Musienko is Partner and Head of Tax practice of
DLA Piper. Svitlana Musienko advises on domestic and
international tax planning, corporate law and investment
structuring. Svitlana has extensive professional experience
in the field of tax and law. Before joining DLA Piper, she
was with an international audit company (Big 4) as a senior
manager of its tax and legal practice in Kyiv. Svitlana’s
experience includes many of Ukraine’s most significant
corporate restructuring projects, and she has successfully
managed a string of high-profile due diligence exercises.
Svitlana is personally recommended as tax controversy
leading practitioner in Ukraine in Tax Controversy Leaders
Guide 2014 (ITR); she is recommended lawyer in Ukraine in
World Tax 2015; IFLR1000 ranks Svitlana’s team in Tax in
Second Tier for 2015.
Anna Vitko is a tax consultant with more than 8 years of
professional experience in legal field admitted to Ukrainian
bar in 2008. Anna specializes in advising multinational and
local clients on various international and domestic tax issues.
In addition, she has experience in providing international
personal tax planning services to Ukrainian HNWI clients
on personal tax, currency control and legal matters.
Roustam Vakhitov is an expert in international taxation.
Before joining International Tax Associates B.V. Roustam
worked for consulting companies in Russia, the Netherlands
and Luxembourg. He has been addressing international
taxation issues since 2002, after obtaining LL.M. degree
in International Taxation from Leiden University (The
Before joining KPMG in 2011, Anna obtained LL.M in
European and International Tax Law from Lund University,
Sweden, and LL.M in European Law from Stockholm
University. In 2012, Anna worked at KPMG Russia as an
international secondee within the International Corporate
Tax Group. Recently, Anna participated in a number of
projects on the review of corporate structures and personal
tax positions to the clients having business presence in
Russia in the view of the newly adopted CFC rules and
“deoffshorization” initiatives.
Specialization: international taxation, tax structuring
and consulting with the use of international tax treaties,
supporting transactions with the use of financial
instruments, structuring private investments (funds) and
supporting international mergers and acquisitions, as well as
Islamic finance transactions.
Damianou, Chris
Logunova, Yulia
Voznyuk, Olena
Executive Director,
Tax Manager Europe,
IFA Ukraine
Chris is an Executive Director at Eurofast and specializes
in international tax structuring and planning, including
real estate structuring. Chris has over 25 years of working
experience in tax consulting, working with local as well
as multinational companies. Previously in his career he
has served as the European Chairman of the 6th largest
international accounting organisation in the world for
Europe, Middle East and Africa (EMEA) Region as well as
President of the Junior Chamber International of Cyprus. He
is the Honorary Consul of the Republic of Montenegro in
Cyprus (except Limassol).
Yulia Logunova is the European Tax Manager of Rakuten,
one of global leaders in e-commerce headquartered in Japan.
Yulia manages the tax affairs of the European headquarters
of Rakuten and Viber located in Luxembourg. She is also
working on M&A projects, cross-border tax planning
initiatives and transfer pricing strategy of the group.
Prior to joining Rakuten in 2014, Yulia worked as a senior
tax manager at EY Luxembourg for two years, focusing on
international holding, financing and IP structures. Before
moving to Luxembourg, she had worked for over ten years
at leading professional tax firms in Ukraine and was member
of IFA Ukraine, EBA and AmCham tax committees. She
leverages a broad range of expertise in corporate taxation and
law with particular focus on international tax.
Olena has more than 12 years of experience in advising
multinational and domestic clients on tax structuring of
inbound and outbound investments, M&A structuring,
pre-acquisition and post-acquisition restructuring, Transfer
Pricing etc.
Olena served as a tax partner and senior tax lawyer for
the leading Ukrainian law firms. She also worked as tax
consultant at PwC Kyiv. In February 2014 Olena was elected
as the President of the Ukrainian branch of International
Fiscal Association. Olena is a member of the Public Council
to the State Fiscal Service of Ukraine.
Tuesday, December 16, 2014
09:00 – 09:10 Welcome Address
9:10 – 11:00
Switzerland, Luxembourg, the Netherlands and Cyprus:
structuring opportunities under the current regime
• Traditional structuring under the existing regime;
• Recent and expected legislation changes;
• Amendments and new opportunities under
the new regimes;
• Bulgaria/Cyprus structuring.
Martin Busenhart, Walder Wyss
Chris Damianou, Eurofast
Roustam Vakhitov, International Tax Associates B.V.
11:00 – 11:30 Networking Coffee Break
General Partners
11:30 – 14:00 Switzerland, Luxembourg, the Netherlands and Cyprus: new
opportunities and challenges, including in the context of the
latest EU tax developments
• On-going European Commission’s tax state aid investigations
with respect to certain tax rulings;
• Latest amendments to the Parent-Subsidiary Directive
on hybrid loan abuse and anti-abuse clauses;
• Highlights from recent tax and legal cases;
• Influence of EU practice on Ukraine.
Martin Busenhart, Walder Wyss
Yulia Logunova, Rakuten
Chris Damianou, Eurofast
Roustam Vakhitov, International Tax Associates B.V.
Anna Vitko, KPMG
Svitlana Musienko, DLA Piper
Information Support
Registration Office
Registration Inclusions
Official Website
For inquiries regarding registration
and accommodation, please contact:
Seminar registration includes
participation in sessions, electronic
access to technical papers and
refreshments during seminar hours.
For detailed and updated Seminar information,
we invite you to visit the IFA Ukraine website at
Seminar will take place at Radisson Blu Hotel,
Kyiv, Podil, 17-19 Bratska Str..
IFA Ukraine
Tel.: +380 067 243 42 29
Email: [email protected]
We invite you to register online.
To activate online registration
link please click here .
Payment Order
Official language
IFA Ukraine will email the invoice
upon receiving electronic registration.
The Seminar language will be English with simultaneous
translation to Ukrainian.
All charges related to payments by
bank transfers must be covered
by the Participants.
Registration Fee
Non-members – UAH 2,000;
IFA Ukraine Members –
UAH 1,500.
Seminar hours
9 am – 2 pm
If you are interested in sponsorship opportunities,
please contact IFA Ukraine at [email protected]
General Partners
Information Support