On 14 April 2016, the State Fiscal Service of Ukraine issued an order that provides a clarification and expands interpretation of various statutes on Transfer Pricing (TP).

There are now 16 responses to commonly raised questions.

These include: determination of amount of controlled transactions with residents of low-tax jurisdictions; consideration of credit-notes; doing business with companies located in Crimea; transactions with permanent establishments of non-residents and other issues.

The link to this general tax clarification is included below*.
 

*http://sfs.gov.ua/diyalnist-/transfertne-tsinoutvorenn/listi-rozyasnennya/67805.html

 
Contacts:

Camiel van der Meij, Partner & TLS Leader, camiel.van.der.meij@ua.pwc.com
Slava Vlasov, Partner, Tax and Legal Services, slava.vlasov@ua.pwc.com
Olga Trifonova, Senior Manager, TP Group Leader, Tax and Legal Services, olga.trifonova@ua.pwc.com

75 Zhylyanska Street | Kyiv | Tel:  +380 44 354 0404 | Fax: +380 44 354 0790 | pwc.ukraine@ua.pwc.com |  www.pwc.com/ua 

This flash report is produced by PricewaterhouseCoopers’ tax and legal services department. The material contained in this alert is provided for general information purposes only and does not contain a comprehensive analysis of each item described. Before taking (or not taking) any action, readers should seek professional advice specific to their situation. No liability is accepted for acts or omissions taken in reliance upon the contents of this alert.
© 2016 Limited liability company «PricewaterhouseCoopers». All rights reserved. PwC refers to the Ukrainian member firm, and may sometimes refer to the PwC network. Each member firm is a separate legal entity. Please see www.pwc.com/structure for further details.

We will be sending additional Flash reports as issues arise.  If you do not wish to receive these Reports, please advise by return e-mail (pwc.ukraine@ua.pwc.com).  Alternatively, if there is someone else in your company to whom we should send our Alerts, please let us know.

We are pleased to inform that this Flash report is also available in Ukrainian and can be sent to you upon request.
Ми раді повідомити, що цей  Flash report також доступний українською мовою і може бути наданий Вам за запитом.