On 24 November 2021, Ukraine launched a new law enforcement authority – the Bureau of Economic Security of Ukraine (“BES”). BES will focus on analytical activities aimed at early detection of risks in the economy, as well as pre-trial investigation of certain criminal offences.

Oleksandr Markov, Head of Tax and Tax Litigation practice at Redcliffe Partners, has been promoted to Partner at the firm.

Nazif Karatas and Gozde Saruhan Berk have been promoted to Partner at Nazali.

In a previous article we have analysed the dilemmas resulting from the thematic tax audit campaign aimed at auditing the tax treatment of purchased gift vouchers, in terms of income tax and social security charges. A very sought after extra-salary employee benefit, companies bought and offered gift vouchers amounting to over RON 1 billion (approx. EUR 200 million) in 2018 alone and we can only assume that these figures have only risen since then.

Lydia Sofrona has become a Partner at Koutalidis, in the firm's Tax Law practice.

Senior Associate Marta Cera was appointed Co-Head of Ellex's Finance and Tax practice group in Latvia, alongside Associate Partner Valters Diure.