On 26 November 2025, an online seminar was held at the European Business Association (EBA) on the topic: "Tax Risks 2025/26: How the Risk-Based Approach Works and What it Means for Business."
The event brought together business security specialists, CFOs, solicitors, and company executives seeking to understand the new tools and methodologies employed by tax authorities. The central focus was the risk-based approach — an oversight model where, instead of blanket audits, attention is concentrated on companies with high-risk indicators. This entails automated data monitoring, an increased volume of inquiries and desk audits, as well as heightened scrutiny of specific sectors.
The session was led by Andrii Timonov, Head of Tax Practice at Riyako & Partners, who brings over 15 years of experience, including an extensive background within tax authorities. Andrii shared practical recommendations, case studies, and strategies to enable businesses to act proactively under these new monitoring conditions.
During the seminar, participants explored:
- How tax authorities identify high-risk companies and the "red flags" they prioritise;
- Current practices in applying the risk-based approach in 2025;
- Key threats to business — from the blocking of tax invoices to desk and field audits;
- Practical steps to mitigate tax risks and strengthen corporate security.
The Riyako & Partners team assists in adapting to changes in the regulatory environment and protects business professionals from state pressure.
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