Team of KM Partners lawyers successfully defended the interests of enterprise, member of one of the largest international suppliers of agricultural and construction machinery, in the dispute with tax authority regarding taxation of interests on corporate tax, paid in favor of related non-resident entity for debt transaction in previous periods

During administrative appeal of tax notification-decision KM Partners specialists developed coherent argumentation and successfully proved the enterprises` correct approach regarding applying the provisions of subparagraph 140.2-140.3 Article 140 of the Tax Code of Ukraine with regard to considering of interest paid in favor of related non-resident entity for debt transactions in previous periods for taxation on corporate tax purposes.

Thereby, in a result of consideration of the enterprises` claim by the States` fiscal service of Ukraine tax notification-decision was cancelled.


client: international supplier of agricultural and construction machinery