Flesh Report: The Ministry of Revenues and Duties has expanded its interpretation of transfer pricing legislation

 PwC, Kyiv, Ukraine, 
Thursday, July 03, 2014

On 1 July 2014, the Ministry ofRevenues and Duties of Ukraine issued* an order that clarifies/interpretsvarious articles of the transfer pricing (TP) legislation. 

There are now 41 responses to commonly raised questions**. These include themethodology for calculating the 50 mln threshold; submission dates of reports;and an expanded definition of the taxpayers subject to TP regulations.
The link to this general tax consultation is included below***.

*theorder of the Ministry of Revenues and Duties of Ukraine #368 dated 1 July 2014
**theprevious edition of the general tax consultation related to the implementationof transfer pricing legislation was issued on 22 November 2013 by the order ofthe Ministry of Revenues and Duties of Ukraine #699***http://minrd.gov.ua/data/normativ/000/001/63226/Transfert_2014_z_1_41_dopovnenn_do_699_nova_redakts_ya_3.doc