Ivan Khamenushko specialises in financial law, including budget, tax and banking law, currency regulation and legal regulation of the securities market. Ivan’s PhD thesis was on currency control. Ivan’s clientele comprises a number of major banks and investment companies, including some with foreign shareholders or members.
Ivan deals primarily with tax issues for banks, investment companies, stock exchanges and insurance companies by providing advice. He also works on litigation requiring a specialist knowledge of such businesses. In addition to companies in the financial sector and banks, Ivan advises companies operating in the power industry and other branches of the economy and represents them in arbitration courts in disputes on taxes and currency regulation.
On numerous occasions, Ivan has successfully justified expenses incurred by clients in paying various services from related foreign companies, such as the services of foreign financial advisors to support a client bank’s Russian projects. Ivan can bring to bear the experience he has gained in resolving such disputes to document in the best possible way relations between companies that are members of international financial groups, taking due account of Russian tax legislation and case law. Such services enable our clients to avoid conflicts with the Russian tax authorities.
Ivan has also played a key role in defending clients, which were contesting the transfer pricing claims of the tax authorities with respect to securities transactions. Some of the disputes were successfully resolved at the pre-trial stage. In the remaining disputes, the courts dismissed the tax authorities’ claims and found in favour of our clients.
Ivan has participated in projects involving the implementation of cash pooling systems in Russia. He has also advised banks on tax and currency issues arising in the area of private banking.
In addition, for a number of years, Ivan Khamenushko has headed our team of experts which provides tax support for individuals who are VIP clients of the company. This work has included drafting of tax returns, reconciling all taxes and settling various tax matters, such as eceiving of statements that taxpayers have no tax arrears, certificates of tax residency and statements on foreign banks accounts, as well as resolving of all manner of disputes.
Legal 500 mentions Ivan as ‘a key figure in taxation’..