The State Tax Service of Ukraine has issued a notice to resident individuals and legal entities on their obligations to submit notifications in regard to controlled foreign companies. The notice clarifies that Ukraine residents are required to provide notification on: the direct or indirect acquisition of shares in a foreign legal entity or the beginning of actual control over a foreign legal entity that leads to the recognition of such resident individual or legal entity as a controlling person; the acquisition of rights to a share in assets, income, or profit of a foreign entity without legal entity status; the...