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Ernst & Young is named Ukrainian Tax Firm of the Year
International Tax Review has announced European Tax Awards winners
KYIV, 24 June 2008 — Ernst & Young was named Ukrainian Tax Firm of the Year by the authoritative international magazine International Tax Review (UK). In 2008, for the first time Ukraine was on the list of European countries in which the tax firms contested. This makes the award to Ernst & Young especially significant, as it was the first tax and legal firm to win the award for operations in Ukraine.
National firm awards were given to the firm with the best track record between February 2007 and February 2008 for giving local advice on the most innovative international tax transactions, important litigation and transfer pricing advice from the country in question. This included the tax work done on corporate and financing deals.
Trevor Link, Tax & Legal Practice Leader with Ernst & Young Ukraine, said, "Ukraine has appeared on the map of International Tax Review awards. This is already a positive development for the Ukrainian tax community, as we get evaluated against other countries. Second, the award that Ernst & Young received recognizes achievements in our projects over last year. It is an honor for us to be singled out among the strong team of our peers."
International Tax Review announced the winners in pan-European and in 24 European jurisdictions at an awards dinner at the Renaissance Chancery Court hotel in London. Volodymyr Kotenko, Tax & Legal Partner with Ernst & Young LLC (Ukraine) represented the Ukrainian practice at the ceremony and received the award for Ukraine.
Apart from the Ukrainian Tax & Legal practice, Ernst & Young’s practices from Finland and Poland were also named national Tax Firms of the Year in their respective countries. Ernst & Young’s practices in Sweden and Hungary were named Transfer Pricing firms of the year.
The winners were chosen by the editorial staff of International Tax Review and a panel from the Tax Executives Institute's European Chapter. To decide the winners, International Tax Review’s team of journalists undertook detailed research from a variety of sources. Submissions from firms were a vital part of this research. The magazine’s editorial staff also consulted a large number of tax advisers, private-practice lawyers, tax executives and in-house counsel to gain their perspective on the ground-breaking work of the February 2007 to February 2008 period.
About International Tax Review
Since 1990 International Tax Review has established itself as the world's most authoritative and lively magazine dedicated to international tax strategy. Each issue includes comprehensive international news and analysis, unique guides to the most recent international deals, in-depth features, surveys, international updates and profiles.
International Tax Review is part of the Euromoney Legal Media Group, with offices in London, Hong Kong and New York. Other magazines in the group include International Financial Law Review and Managing Intellectual Property.
About Ernst & Young
Ernst & Young is a global leader in assurance, tax, transaction and advisory services. Worldwide, our 130,000 people are united by our shared values and an unwavering commitment to quality. We make a difference by helping our people, our clients and our wider communities achieve potential.
In Ukraine Ernst & Young established its practice in 1991. Ernst & Young Ukraine now employs more than 500 professionals providing a full range of services to a number of multinational corporations and Ukrainian enterprises. For more information, please visit ey.com/ukraine.
