Changes in the characteristics of non-resident counterparties for recognising transactions as controlled or making a 30% adjustment for corporate profit tax purposes
According to the amendments to the Tax Code of Ukraine, new criteria for defining low-tax jurisdictions for the purposes of Ukrainian transfer pricing rules and a 30% adjustment for corporate profit tax purposes were set. Also, documentary evidence for exemption from Ukrainian transfer pricing rules of transactions with non-residents having special legal forms was defined. The amendments take effect on January 01, 2025.
The full version of the article is available in Ukrainian by the link.
Kind regards,
SIMILAR POSTS
Better late than never: Legislators have finally decided to improve the rules on liability for correction of TP Reporting 
1374
The Cabinet of Ministers of Ukraine has updated the list of low-tax jurisdictions
2206
The Multilateral Competent Authority Agreement on the Exchange of Country-by-Country Reports has entered into force for Ukraine: Implications for participants of MNE groups in Ukraine
878
Ukrainian Court Denies Characterization As Stewardship Expenses
951
Comparables Selection Was Correct After All, Ukrainian Court Says
514
Comparables Analysis Insufficient; Ukrainian Court Remands Case
1200
“Massive” requests regarding application of the 30% adjustment on corporate income tax. What is wrong and what to do?
2861
Ukraine: The War is not an excuse to ignore Transfer Pricing Compliance
1191
Finally! Ukraine has joined Multilateral Competent Authority Agreement on the Exchange of Country-by-Country Reports
1899
New decision of the Supreme Court of Ukraine regarding TP rules: new approaches to the application of the CUP method, but, unfortunately, questions still remain
2435
Leave a comment