The Legal Insight magazine published an interview with Nikita Zharov, Head of Tax Compliance, where he describes how the session "Tax benefits and legal certainty in tax legal relations: problems of enforcement and ways to maintain the balance between private and public interests" was held.

On May 13 at the XI St. Petersburg International Legal Forum, the session "Tax benefits and legal certainty in tax legal relations: problems of law enforcement and ways to maintain the balance between private and public interests" was held.

The event was devoted to the discussion of current problems connected with increasing the effectiveness of tax benefits and legal certainty in tax legal relations. 

The session was moderated by Mikhail Begunov, Managing Partner of Tax Compliance law firm. 

The discussion brought together representatives of state authorities and business. Participants of the session discussed the main problems and deficiencies in the legal regulation of tax benefits, which do not allow businesses to effectively use tax incentives, and the state to achieve the goals and objectives it sets when granting state support to businesses. 

"The phrase 'balance of interests' is in the title of the session. This phrase allows the business to understand which rules are used to build their investment development, on the one hand, and, on the other hand, these are clear and understandable legislative institutions facilitating compliance with such rules", noted session moderator Mikhail Begunov, Managing Partner of Tax Compliance. 

The topic of "balance of interests" and investment development was touched upon many times during the session, since in the current reality these two aspects seem to be the most important from the standpoint of business development and receipt of relevant income to the budget by the State in the long run.

The full text of the interview can be found here.