Mykola Stetsenko The introduction of the Tax Code significantly influenced the practice of corporate restructurings involving legal entities registered abroad. In particular, five below novels of the Tax Code seem the most relevant in this respect. Kateryna Voznesenska Tax incentives are defined as exceptions to the general tax rules and intended to reduce the tax burden of taxpayers. According to international practice tax incentives include, inter alia, loss carry forwards for corporate profit tax (the CPT) purposes. Tatyana Kuzmenko Fairly speaking, in 2011 business did not much succeed in developing effective structures with regard to tax optimization of transactions with payers of the single tax. The straightforward wording of Sub-clause 139.1.12 of Clause 139.1 of Article 139 of the Tax Code does not offer any chance for maneuver with respect to increasing the deductible expenses associated with purchases of goods (works, services) from individual entrepreneurs who have the status of single-tax payers. Vadim Tugay Recently, the number of criminal cases related to crimes in the area of taxation has been really growing. However, it can hardly be explained by the desire of law-enforcement agencies to eradicate crime. Actually, it relates to more mundane reasons.