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.
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