Kyiv, 20 May 2013. Ernst & Young Ukraine’s Tax & Law practice for the second year in a row has won the National Tax Firm of the Year award at the prestigious annual European Tax Awards. Also, Ernst & Young was recognized as the best Transfer Pricing Firm of the Year in Ukraine. The award ceremony took place in London on 15 May 2013.

The European Tax Awards, judged by the International Tax Review editorial team, celebrate the most innovative tax transactional, structuring, litigation and transfer pricing work done in Europe. The awards are handed to firms that demonstrate excellence, innovation and an ability to deal with complexity in each category. 

2012 and 2013 were the years of numerous changes in the tax laws and active discussions of fundamental transfer pricing developments in Ukraine. Ernst & Young helped its clients to navigate in the turbulent tax environment developing innovative solutions for the clients.

Vladimir Kotenko, Partner, Head of Tax & Law at Ernst & Young Ukraine, comments: “It is a special honor to be recognized National Tax Firm for the second year in a row and become the best Transfer Pricing Firm at the same time. These prestigious awards are a result of challenging and exciting projects, for which we are grateful to our clients”.

International Tax Review's Awards Methodology

Since 1990 International Tax Review has established itself as one of the world's leading magazines 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.

The European ITR Awards ceremony celebrates the most innovative tax transactional, structuring, litigation and transfer pricing work completed in Europe. The awards are handed to firms that demonstrate excellence, innovation and an ability to deal with complexity in each category.

In March 2013, International Tax Review invited advisory firms in 27 European jurisdictions as well as Africa to submit three examples of their best work in 2012. The submissions were considered for two categories (tax and transfer pricing) in each of the countries, as well as for pan-European awards.

International Tax Review editorial staff compiled the awards shortlists based on these submissions and consulted with tax executives responsible for the region to choose the winners from these nominees.