FBK Legal at Financial Strategy 2024

25 June 2024

Liliya Yulgusheva, Head of Practice at FBK Legal, spoke at the Financial Strategy 2024 conference, which took place on 6 and 7 June in Sochi.

At the conference, the attendees learnt about new approaches of CFOs in the new 2024 reality, as well as how to transform the financial business strategy and the CFO’s strategic role to meet the new requirements of the outside world, including investors, consumers, banks, and top employers.

In her speech, Liliya focused on changes in taxation and tax control trends.

Tax reform will, more or less, affect everyone present here today. The new five-stage progressive personal income tax scale is already a major change, but it comes combined with the changes in income tax and simplified taxation system. Large, medium and small businesses, as well as individuals, need to be prepared for these changes, and in order to do this they need to analyse their financial position and think about what actions they need to take to minimise the potential impact of the tax reform on assets and liabilities”, she noted.

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