Microsoft, IBM, Google and thousands more software developers over the globe continuously offer new technologies to ease our lives. No matter what is the type of business you are working with is or how many employees do you have – you are definitely aware of the various accounting, CRM or HR softwares. However, how about the state taxation of computer software? During the seminar, we explained the main nuances of the tax treatment of computer software in Ukraine and how ignoring Double Tax Treaties can cost you large losses.
In particular, we considered:
- Taxation of Software Payments: how to treat?
- Payments as a royalty
- Payments as a service fee
- Double tax treaties in Ukraine: when to apply while working with the software operations?
- Taxation of Software transactions:
- VAT on the software supply, and operations which cannot be treated as royalty
- VAT on the electronically supplied software (via Internet)
- VAT on the software updates
- VAT on the technical support of the software
- VAT tax incentives
- Application of financial differences for operations with royalty payments and Transfer Pricing
Speakers:
Iryna Kalnytska, Partner at GOLAW, Attorney at law. Iryna is the Head of Tax, and Restructuring, Claims and Recoveries practices at GOLAW. Iryna advises Ukrainian and global companies on national and international taxation, tax risks mitigation, tax structuring. She successfully represents the interests of clients in complex tax disputes.
Olena Sulyma, Senior Associate at GOLAW, Attorney at law. Olena specializes in tax law. In particular, she carries out the analysis and assessment of tax aspects and risks of the business transactions and activity. Olena successfully represents the interests of the firm's clients before tax and other supervisory bodies, provides legal supports during tax inspections, pre-trial settlement of disputes, and litigation disputes of different specializations in the courts of all instances.
