• Service: Tax, Global Transfer Pricing Services, International Tax
  • Type: Regulatory update
  • Date: 1/2/2014

Ukraine - Low-tax jurisdictions identified 

January 2: The Ukraine Cabinet of Ministers in late December 2013 approved a resolution identifying jurisdictions where the corporate income tax rate is five or more percentage points less than the rate applied in Ukraine—a list of countries to be used in identifying which “controlled transactions” between Ukrainian taxpayers and foreign entities are subject to the transfer pricing rules.

Among the jurisdictions identified in the resolution as “low-tax jurisdictions” are the following countries:

  • Cyprus
  • Malta
  • United Arab Emirates
  • Ireland
  • Switzerland

As a reminder, the transfer pricing rules in Ukraine were first effective 1 September 2013.

For more information, contact a member of KPMG’s Global Transfer Pricing Services group in Ukraine:

Konstantin Karpushin

+380 (44) 490 5507 (ext: 13888)

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