Aequo advised Ciklum on cross-border taxation of a transaction connected to engagement of investment from Recognize Partners

Aequo advised a leading IT outsourcer, Ciklum, on cross-border taxation of a transaction relating to engagement of investment from global technology investment platform Recognize Partners.

Our tax team prepared a comprehensive legal opinion covering the potential tax implications of the transaction. Key considerations related to recent amendments to Ukraine’s Tax Code, which provided for a new mechanism to tax the indirect transfers of Ukrainian real estate-rich companies.