Magister & Partners and PWC establish the Ukrainian branch of the International Fiscal Association
The first constituent meeting of the International Fiscal Association’s Ukrainian branch (IFA Ukraine) recently took place in Kyiv. The IFA in Ukraine has been established with the support of both Magister & Partners attorneys-at-law and PricewaterhouseCoopers.
“IFA Ukraine will become a unique professional organization within which lawyers, finance professionals, auditors and tax specialists coming from both private and public institutions, will be able to exchange knowledge and establish partnerships with colleagues in Ukraine and overseas. This will ensure their professional development and overall improvement of taxation in Ukraine. It is a unique and a very important event that marks new era of an efficient tax system in Ukraine”, says Oleh Marchenko, Partner, head of tax practice, Magister & Partners.
IFA Ukraine will aim to develop and introduce the best world standards of taxation in Ukraine. Through this organization tax professionals will be able to develop their professional skills and qualification.
Participants of the meeting held at the Riviera Hotel also discussed membership issues and plans for further IFA activities in Ukraine. It was agreed that the IFA’s Ukraine branch would offer both individual and corporate membership options. More than 21 membership applications have already been received. The International Fiscal Association was represented at the meeting by Irina Rusakova, Chair Russian IFA Branch and Senior Tax Manager at PriceWaterhouseCoopers Russia.
Official registration of IFA Ukraine took place during the IFA Annual Congress in Kyoto, Japan on September 30 – October 4.
The International Fiscal Association (IFA) was established in 1938 with its headquarters in the Netherlands. It is the only non-governmental and non-sectoral international organisation dealing with fiscal matters. Membership of IFA now stands at nearly 11,500 from 92 countries. Ukraine will become the 53rd country where IFA members have established IFA branches.
About Magister & Partners
Magister & Partners is a full-service law firm advising clients in Russia, Ukraine and worldwide. Having merged with Reznikov, Vlasenko and Partners, Ukrainian attorneys-and-councelors-at-law, and with Russian law firm Legas Legal Solutions specializing in dispute resolution, Magister & Partners currently employs more than 200 people, including 9 partners, 4 counsels and 90 associates. Magister & Partners’ revenues have doubled annually for each of the past three years, and reached over USD 22 million in 2006.