The Cabinet of Ministers of Ukraine has updated the list of low-tax jurisdictions
On January 01, 2025, the Resolution of the Cabinet of Ministers of Ukraine No. 1505, as of December 27, 2024, officially came into force, bringing significant changes to the list of low-tax jurisdictions under subpara. 39.2.1.2 of Article 39 of the Tax Code.
It is worth reminding that the updated list of low-tax jurisdictions was formed according to the new criteria, which came into force on January 01, 2025.
In the updated list, the number of states (territories) has been reduced from 78 to 46. Notably, jurisdictions popular among Ukrainian businesses – such as Cyprus, Moldova, and the United Arab Emirates – are no longer included.
The full version of the article is available in Ukrainian by the link.
Kind regards,
SIMILAR POSTS
Ukrainian government aims at a serious overhaul of Ukrainian TP regulations with the evident aim to tighten the screws on taxpayers 
468
Better late than never: Legislators have finally decided to improve the rules on liability for correction of TP Reporting
2551
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
1312
Changes in the characteristics of non-resident counterparties for recognising transactions as controlled or making a 30% adjustment for corporate profit tax purposes
3037
Ukrainian Court Denies Characterization As Stewardship Expenses
1584
Comparables Selection Was Correct After All, Ukrainian Court Says
965
Comparables Analysis Insufficient; Ukrainian Court Remands Case
1541
“Massive” requests regarding application of the 30% adjustment on corporate income tax. What is wrong and what to do?
3683
Ukraine: The War is not an excuse to ignore Transfer Pricing Compliance
1580
Finally! Ukraine has joined Multilateral Competent Authority Agreement on the Exchange of Country-by-Country Reports
2392
Leave a comment